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26 Richardson Street, Kerang$320,000
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26 Richardson Street

Kerang, VIC 3579, Australia
$320,000
8130 m²

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About this property

We are pleased to present a prime block of residential land in the thriving and established community of Kerang. This expansive parcel offers an exceptional opportunity for developers, both large and small, looking to capitalize on the growing demand for housing in the area. Key Features: Strategic Location: Situated in an established residential area, this land is perfectly positioned to cater to the increasing need for housing. Government Initiatives: With the state and local government's proposing to building 850 additional homes by 2050, there's never been a better time to invest in development projects that align with this vision. Economic Growth: Kerang is poised for significant growth with several major projects in the pipeline: VHM Rare Earth Mining Project: This proposed project promises to bring considerable economic activity and job opportunities to the region. VNI Transmission Lines & Green Energy Projects: These initiatives will enhance the infrastructure and sustainability of the area, attracting further investment and interest. New Egg Farm Under Construction: This project is expected to create jobs and stimulate the local economy, further increasing the demand for housing. Why Invest Now? The current real estate market in Kerang presents a unique opportunity for developers. As the population grows and more businesses establish themselves in the area, the demand for residential housing will only increase. Investing in this parcel now positions you to benefit from the anticipated growth and development in the coming years. Conclusion Don't miss out on this exciting opportunity to be part of Karang's transformation and growth. Whether you are looking to undertake a large-scale development or a smaller project, this block of land offers the potential for substantial returns on investment. For more information or to arrange a viewing, please contact us today!

Property Details

Property Type
land
Listing Type
For Sale
Land Area
8130 m²
Listed
3 months ago

Repayment calculator

$1,551/month
$776 /fortnight
Loan $256,000 at 6.10% over 30 years

Upfront costs

Deposit$64,000
Stamp duty$14,270
Conveyancing (est.)$2,000
Total upfront$80,270
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Kerang

This land in Kerang, VIC 3579 sits within reach of public transport, local shops and nearby schools. It is listed 2% below the $325,000 median of 55 comparable landswithin 5 km.

Schools near Kerang

  • Kerang Christian Collegecombined · Prep-12 · CoEd
  • Kerang Primary Schoolprimary · Prep-6 · CoEd
  • Kerang South Primary Schoolprimary · Prep-6 · CoEd
  • Kerang Technical High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Kerang (train)813 m away
  • Unnamed1.1 km away
  • Unnamed1.5 km away
  • Unnamed1.6 km away
  • Atkinson Park1.7 km away

Kerang at a glance

Full suburb profile
Population
3,960
Median age
51
Household income
$1,006/wk
Median rent
$200/wk
Median mortgage
$1,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Kerang price trend

Median sold · House 3 bed

Compound growth +7.5% / yr over 4 yrs

$320kcurrent median

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Full Kerang market

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Price history

Price history

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1 price change recorded for this property

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