FOR SALE
$3,800,000 - $4,100,000

50 Wilkes Court
Mernda VIC 3754

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 100ac
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100-Acre Development Opportunity

Discover an exceptional opportunity with this expansive 100-acre parcel of land at 50 Wilkes Court. Located just 1100 meters from existing Urban Growth Boundary, this property is uniquely positioned for future growth and development. The land is currently zoned Green Wedge but holds significant potential for residential and/or industrial use, making it a versatile investment for savvy developers and investors.
The property boasts a fully flat terrain, eliminating the need for extensive land preparation and enabling seamless development. Its strategic location offers convenient access to major roads, including Masons Road, Donnybrook Road, Bridge Inn Road, and Epping Road, ensuring excellent connectivity to surrounding areas and infrastructure.
With high market demand for properties of this scale and potential, 50 Wilkes Court represents a rare chance to acquire a substantial landholding in a burgeoning region. Whether you're looking to capitalize on future residential expansion or tap into industrial development opportunities, this property provides a solid foundation for your vision.
Don't miss out on this rare opportunity to secure a prime piece of land in a high-demand area. Contact us today to explore the potential of 50 Wilkes Court and make your investment aspirations a reality.
Key Features Include:
Expansive 100-Acre Parcel: Ideal for future residential or industrial development.
Prime Location: Just 1100m from established housing, ensuring proximity to amenities and infrastructure.
Strategic Access: Well-connected via Masons Road, Donnybrook Road, Bridge Inn Road, and Epping Road.
Flat Terrain: Fully level land, ready for immediate development or investment.
High Market Demand: Positioned in a rapidly growing area with increasing interest in similar properties.
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Property Details for 50 Wilkes Ct, Mernda

Building Type
Land
Land Size
100ac

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About Mernda 3754

The size of Mernda is approximately 22.5 square kilometres. It has 104 parks covering nearly 9.4% of total area. The population of Mernda in 2011 was 6,507 people. By 2016 the population was 16,469 showing a population growth of 153.1% in the area during that time. The predominant age group in Mernda is 30-39 years. Households in Mernda are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mernda work in a professional occupation. In 2011, 79.8% of the homes in Mernda were owner-occupied compared with 69.9% in 2016.

Mernda has 10,621 properties. Over the last 5 years, Houses in Mernda have seen a 26.53% increase in median value, while Units have seen a 17.43% increase. As at 31 October 2024:

  • The median value for Houses in Mernda is $726,272 while the median value for Units is $467,305.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 81 properties listed for sale, and 43 properties listed for rent in Mernda on OnTheHouse. According to CoreLogic's data, 465 properties were sold in the past 12 months in Mernda.

Suburb Insights for Mernda 3754

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Garvit Mediratta
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Ray White Wollert
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Disclaimer
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.