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56 Shortridge Drive, Lucas$650,000
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56 Shortridge Drive

Lucas, VIC 3350, Australia
$650,000
1431 m²

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About this property

Positioned in the prestigious Lucas Platinum Estate, 56 Shortridge Drive offers an exceptional opportunity for both developers and families alike. Spanning a generous 1431m², this rare parcel of land comes with approved plans and permits for five quality townhouses-providing a ready-made investment opportunity in one of Ballarat's most sought-after growth areas. Alternatively, this expansive block presents the perfect canvas to design and build your dream home, complete with plenty of room for shedding, entertaining spaces, and a large backyard, all within walking distance to everyday conveniences. Set on an expansive 1431m² (approx.) block in tightly held Lucas Platinum Estate, we are located just moments from Coltman Plaza, leading schools, walking tracks and parks, and zoned to Ballarat High School, the lifestyle and potential here are second to none. Shovel-ready project-save time and costs with approvals already in place. We are situated within walking distance to Coltman Plaza, shops, and everyday services. Plan for the future with a strong rental and resale demand in Ballarat's growth suburb. Includes current plans and permits for 5 architecturally designed townhouses that are available upon request. Contact Sarah and Matt today to discuss your options with this rare opportunity in a premium location.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1431 m²
Listed
3 months ago

Repayment calculator

$3,151/month
$1,576 /fortnight
Loan $520,000 at 6.10% over 30 years

Upfront costs

Deposit$130,000
Stamp duty$34,070
Conveyancing (est.)$2,000
Total upfront$166,070
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 Lucas

This land in Lucas, VIC 3350 sits within reach of public transport, local shops and nearby schools. It is listed 11% below the $727,611 median of 67 comparable landswithin 5 km.

Schools near Lucas

  • Lucas Primary Schoolprimary · Prep-6 · CoEd
  • Siena Catholic Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Paterson St/Eleanor Dr (bus)567 m away
  • Stems775 m away
  • Unnamed307 m away
  • Unnamed419 m away
  • Unnamed515 m away

Lucas at a glance

Full suburb profile
Population
2,994
Median age
32
Household income
$1,956/wk
Median rent
$380/wk
Median mortgage
$1,700/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Lucas price trend

Median sold · House 4 bed

Compound growth -0.4% / yr over 4 yrs

$650kcurrent median

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Price history

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