Back 16 Lee St
Off Market

16 Lee St

Kangaroo Flat VIC 3555

3
1
2
59300 m²
House
Last sold for $3,550,000
Riley O'KeefeRiley O'Keefe, last sold this property on 09 October 2025 after 162 days on market.

Overview

GRZ Zoned | 51-Lot Feasibility Plan | Prime Growth Corridor

An exceptional and rare offering, this prime parcel presents a unique opportunity in the heart of Kangaroo Flat's growth corridor. Held by the same family for approximately 42 years, the property boasts a rich history and a bright future, with a proposed 51-lot plan and feasibility study already available for your consideration. Nestled just off Phillis Street, this scenic pocket is known for its peaceful setting, attractive slight undulation, and its proximity to other successful developments, all within a short radius. Whether you're an experienced developer, savvy investor, or forward-thinking land banker, this is the kind of opportunity that doesn't come around often and one you'll wish you secured when you had the chance. The property offers a sense of space and privacy rarely found in such a central location. A semi-modern brick veneer 3-bedroom home also sits proudly on the land. Zoned General Residential, the potential here is vast. Expression of Interest Close 10th June 11:00am

Features

3 bedrooms
1 bathroom
2 carspaces
59300 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Kangaroo Flat over the last 12 months, the estimated median property value of 16 Lee St is $574.5k.

Median value
$574.5k
Estimated value range
$340.01k - $3.55m
Median days on market
27
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Kangaroo Flat. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16 Lee St

2025
Sold
$3,550,000
Private Sale/Treaty on 09 Oct 2025 by Riley O'Keefe, of Tweed Sutherland First National

Happy sellers in Kangaroo Flat

81%
81% of sellers in Kangaroo Flat reported that their sale price either exceeded or met their price expectations.

Kangaroo Flat stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 36 reviews in Kangaroo Flat over the last 12 months.

Local market activity for 3 bedroom houses in Kangaroo Flat

In the last 12 months, 102 three-bedroom houses similar to 16 Lee St, have been sold.

This represents a 36% increase in three-bedroom houses sales when compared to the previous 12 months.

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