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1790 South Gippsland Highway
Devon Meadows VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 20m2
Land area: 21323m2
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Prime land opportunity in Devon Meadows

Raine & Horne Land Victoria is pleased to offer this exceptional development site located within the heart of Devon Meadows PSP
The key highlights of the opportunity include :
Extremely rare opportunity to acquire in Melbourne's booming South-East growth corridor
•Prime development site in Devon Meadows PSP
• Mixed-use development within the Devon Meadows PSP. (potential residential, medical and Industrial)
• Gross Land Area: 21305 sqm* (5.27Acres approx)
• Rapidly developing area in proximity to established amenity
• Corner site with significant road frontage onto South Gippsland Hwy & Devon road
• Highway Exposure Site with Heavy Traffic
• 50 km approx from the Melbourne CBD
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Property Details for 1790 South Gippsland Hwy, Devon Meadows

Building Type
Commercial
Floor Size
20m2
Land Size
21323m2

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About Devon Meadows 3977

The size of Devon Meadows is approximately 23.4 square kilometres. It has 2 parks covering nearly 12.2% of total area. The population of Devon Meadows in 2011 was 1,606 people. By 2016 the population was 1,559 showing a population decline of 2.9% in the area during that time. The predominant age group in Devon Meadows is 50-59 years. Households in Devon Meadows are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Devon Meadows work in a trades occupation. In 2011, 84.2% of the homes in Devon Meadows were owner-occupied compared with 84.3% in 2016.

Devon Meadows has 633 properties. Over the last 5 years, Houses in Devon Meadows have seen a 29.37% increase in median value. As at 31 October 2024:

  • The median value for Houses in Devon Meadows is $973,417 while the median value for Units is $655,024.
  • Houses have a median rent of $800.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Devon meadows on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Devon meadows.

Suburb Insights for Devon Meadows 3977

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Atul Sama (Sunny)
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Amandeep Singh
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Raine & Horne Land Victoria
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.