1 Shoreside Court Cabarita VIC 3505

1 Shoreside Court Cabarita VIC 3505
Vacant block | water and city-light views | near Lake Hawthorn | rare acre-sized opportunity | Mildura council area The propertyโ€™s competitive strength lies in its combination of scale and outlook: a full acre of vacant land with water and city-light views is increasingly uncommon in the Mildura council area, and the absence of heritage overlays simplifies development. For a buyer seeking a lifestyle property with room for a substantial house, gardens, and shedding, this block offers a blank canvas in a peaceful location near Lake Hawthorn, local shops, and schools. It best suits a buyer who values privacy and a natural outlook over immediate proximity to urban amenities, and who has the capacity to design and build without zoning constraints. The primary risk is price uncertainty, with listing estimates ranging from $395,000 to $495,000 and a Domain estimate of $550,000, suggesting the seller may be testing the market. This variance costs the buyer time and negotiation leverage. The commercial logic lies in securing the block at the lower end of the range, as the rarity of such a parcel with views supports long-term value growth. Hold the land until ready to build, then develop a single residence that capitalises on the elevated outlook.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Cabarita leverages its proximity to peaceful, off-grid living potential, offering residents a highly targeted lifestyle and infrastructure advantage. Generational local families are aggressively driving the housing demand here to secure a foothold in this specific postcode. Transaction times are naturally longer, requiring a patient investment strategy focused on land-banking.
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PropCred Estimated Value

Bedrooms

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Bathroom

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Parking

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Land

4014mยฒ

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