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Area Profile - Kangaroo Ground
The Fletchers team of Kangaroo Ground Real Estate Agents and local area experts are listed below in our Kangaroo Ground Suburb Guide.
If you would like to see the latest Kangaroo Ground real estate property and houses for sale with Fletchers, please use the real estate search facility on this website or speak to one of our Kangaroo Ground Real Estate Agents.
Fletchers also offers property management services in the Melbourne suburb of Kangaroo Ground, plus property management services throughout most of Melbourne?s eastern suburbs.
Kangaroo Ground Real Estate Property Prices ? Median
The median price for real estate in Kangaroo Ground, an outer suburb of Melbourne, was A$1,075,000 over the year to February 2010 ? a figure obviously distorted by few sales in the period. Recent prices of houses for sales Kangaroo Ground on 10 acres are around $900,000 ? about the same price as 20 acres of land, only. The long term trend rate for growth in Kangaroo Ground real estate values was 10.3%.
Kangaroo Ground Real Estate and Suburb Profile
Kangaroo Ground is 38 KM north-east of Melbourne. Surrounding suburbs are Research in the west and North Warrandyte and Wonga Park to the south.
The 1971 Melbourne Master Plan placed a minimum size on farm sizes across Melbourne?s fringe rural/semi-urban suburbs like Kangaroo Ground to arrest the growth of small hobby farms. Most Kangaroo Ground real estate properties are 10 to 20 acres although some are larger and others smaller.
The zoning laws mean there is limited land available for residential home development at Kangaroo Ground. In 2006, the housing stock of Kangaroo Ground was a mere 300 detached homes in the suburb?s area of 29KM2. Most of the landscape is cleared rolling hills and, prior to the establishment of wineries, was primarily used for grazing.
Kangaroo Ground offers magnificent landscape views though sometimes compromised by electricity power lines.
Most necessities can be obtained from the town?s general store; for other shopping however, residents need to travel further afield.
Kangaroo Ground real estate can deliver a lifestyle that would be the envy of many inner suburb residents. Improved telecommunications enables home-based business that do not require travel or the handling of goods to thrive in idyllic semi-rural environments like Kangaroo Ground ? an important selling point not lost on a Kangaroo Ground real estate agent.
If you would like to speak to an experienced Kangaroo Ground real estate agent who knows the local area, please contact one of our Kangaroo Ground Real Estate agents today.
For more Suburbs in the Diamond Valley, please visit the Diamond Valley Page
- Briar Hill
- Diamond Creek
- Diamond Valley
- Eltham North
- Kangaroo Ground
- Lower Plenty
- St Andrews
- Wonga Park