Back 39 Farm Road
Off Market

39 Farm Road

Diggers Rest VIC 3427

Land
Last sold for $253,000
Minh VuMinh Vu, last sold this property on 14 March 2024 after 23 days on market.

Overview

Uncover Profit Potential - OFFER WELCOME

Transform adversity into opportunity with this fire-affected property in a prime location. The resilient concrete base remains intact, setting the stage for a lucrative rebuilding venture. Key Investment Advantages: Solid Foundation for Profit: The surviving concrete base ensures a robust starting point for a profitable reconstruction. Strategic Location: Community Appeal: Nestled in a sought-after neighborhood, appealing to families and investors alike. Convenient Connectivity: Close proximity to essential amenities, schools, and recreational facilities. Investor Benefits: - Renovation Upside: Unlock the property's true worth with a savvy renovation or reconstruction strategy. - Quick Turnaround: Leverage the existing structure to expedite the rebuilding process, ensuring a faster route to profit. This is not just a property; it's an entrepreneurial opportunity waiting to be seized. Act now to secure your stake in this lucrative venture.

Features

Land

Estimated Value

Based on this property and similar land plots sold in Diggers Rest over the last 12 months, the estimated median property value of 39 Farm Road is $410k.

Median value
$410k
Estimated value range
$375k - $531.5k
Median days on market
57
Estimated value trend
24%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Diggers Rest. 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 39 Farm Road

2024
Sold
$253,000
14 Mar 2024 by Minh Vu, of LEO Real Estate
2020
Sold
$451,500
Private Sale/Treaty on 22 Jul 2020 by Trent Mason, of Leading Real Estate Sunbury Pty Ltd

Happy sellers in Diggers Rest

86%
86% of sellers in Diggers Rest reported that their sale price either exceeded or met their price expectations.

Diggers Rest stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Diggers Rest over the last 12 months.

Local market activity for land plots in Diggers Rest

In the last 12 months, 13 land plots similar to 39 Farm Road, have been sold.

This represents a 9% decrease in land plots sales when compared to the previous 12 months.

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