Are you looking to buy land for sale in Glenorie, or maybe even purchase a rural cluster subdivision site? Glenorie is located 44 kilometres north-west of the Sydney central business district in the local government areas of The Hills Shire and Hornsby Shire. It is also considered part of the Hills District. Glenorie is within close proximity to Dural, Windsor and Castle Hill. The state-of-the-art driverless Sydney Metro Northwest Rail Link at Cudgegong Road and Rouse Hill (due to open in 2019) will provide fast and frequent connection to the larger Sydney train network and is a 29-minute drive from Glenorie.
An established suburb, Glenorie offers a rural living environment, and the current population in Glenorie is 3497 people (as recorded in 2016). If you are searching for available properties for sale in the Glenorie area, there are a total of 1123 houses located within the suburb and the median property price is $1,930,000. Rental data indicates a median rental price of $545 per week. The current real estate demand for Glenorie property is medium with around 332 people per month searching online for available properties for sale in the Glenorie area. However demand for land which can be further subdivided using the provisions of rural cluster subdivision is at an all-time high, as residents and purchasers seek to enhance their future prosperity by subdividing their land holding into smaller lots.
In most cases the minimum size of each lot is 1 ha and the maximum size that could be proposed is 2 ha. The number of lots that may be subdivided is based on a density of 1 dwelling lot for every 4 hectares of the lot to be subdivided. This size has been chosen having regard to the existing lot pattern and size of the areas to which the provisions are to apply and to the landscape sensitivity of those areas. The minimum area required to allow the clustering is 20 ha and this can be in multiple ownerships. It is preferable to utilise this form of subdivision in the landscapes that have some hills which can be used to screen any intrusive elements such as dwellings and outbuildings. It utilises community title subdivision whereby the community lot is retained as one open landscape and this cannot be subdivided any further.
Recent land sales in the Glenorie area have identified a 4300m2 rural parcel of land sold for $1,300,000, which is equivalent to $302/m2.
If you own real estate, including a house, land or a potential rural cluster subdivision site in Glenorie, or if you are looking to find suitable land for sale in the Glenorie area, then please contact the team at Urban Greenfield today; we would be pleased to assist you with your sale, new land purchase or cluster subdivision enquiry.