1-3 Station StreetRiddells Creek VIC 3431
Property Details for 1-3 Station St, Riddells Creek
Last Listing description (October 2020)
UNDER CONTRACT
This 15,440m2 approx Development Site is located in the heart of Riddells Creek Shopping Precinct and minutes from the Railway Station.
The Commercial 1 Zoned Site has no current Permit but previously had approval for a Supermarket with 17 Speciality Shops/Offices and 179 car parks
Key Factors;
* Part of Melbourne's growth to the north (https://profile.id.com.au/macedon-ranges/highlights-2016)
* Good transport linkages & access to Melbourne's Ports (under 55 minutes) & Melbourne Airport 36km (30 minutes off peak)
* Under an hour from Melbourne's CBD (approx 52 off peak minutes)
* Train to Southern Cross Station Street - 50 to 60 minutes.
* The decentralisation movement to nearby easily commutable country towns
* Population Growth equals Asset Growth
This is the perfect opportunity for Investors/Developers/Builders to plan their own future for the site and prepare for those who are escaping the city for nearby easily commutable country towns.
For Sale by Expression of Interest closing on Thursday the 22nd of October at 4pm - if not sold prior
Property History for 1-3 Station St, Riddells Creek, VIC 3431
- 22 Sep 2020Sold for $3,025,000
- 11 Sep 2020Listed for Sale Contact Agent
- 22 Nov 2016Listed for Sale Not Disclosed
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0About Riddells Creek 3431
The size of Riddells Creek is approximately 72.2 square kilometres. There are 3 parks, covering nearly 5.3% of the total area. The population of Riddells Creek in 2016 was 3947 people. By 2021 the population was 4390 showing a population growth of 11.2% in the area during that time. The predominant age group in Riddells Creek is 50-59 years. Households in Riddells Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Riddells Creek work in a professional occupation.In 2021, 86.70% of the homes in Riddells Creek were owner-occupied compared with 87.90% in 2016.
Riddells Creek has 2,192 properties. Over the last 5 years, Houses in Riddells Creek have seen a 16.54% increase in median value, while Units have seen a 2.99% increase. As at 30 April 2026:
- The median value for Houses in Riddells Creek is $963,725 while the median value for Units is $579,147.
- Houses have a median rent of $595 while Units have a median rent of $500.
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