FOR SALE
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1626-1664 Mount Cottrell Road
Mount Cottrell VIC 3024

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 109.5ac
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EXCEPTIONAL INVESTMENT POTENTIAL WITH PROXIMITY TO MAJOR PSP IN MOUNT COTTRELL!!

Raine & Horne Land Victoria is excited to offer 109.57 acres of prime land with beautiful 4 bedroom house on property. This exceptional property is strategically located with close proximity to key PSPs (Precinct Structure Plans): Rockbank South and Toolern on one side, and Tarneit North and Oakbank on the other.
Situated in Mount Cottrell, Victoria, just 31 km (19 miles) west of Melbourne's Central Business District, this land falls within the Cities of Melton and Wyndham local government areas. The surrounding area is rapidly developing, making this an excellent opportunity for developers, land bankers, and investors, both local and international.
With the area's development potential and proximity to major growth areas, this property is a rare find. Act quickly-opportunities like this don't last long! The Rockbank precinct encompasses approximately 752 hectares of land, bordered by the Western Freeway to the north, Paynes Road to the west, Greigs Road to the south, and the future Outer Metropolitan Ring Road corridor to the east, beyond Troups Road North. This area, outlined in the Rockbank Precinct Structure Plan, is designed to accommodate a residential community of around 22,200 people across approximately 7,932 dwellings.
Property Features:
• Close proximity to UGZ ( ROCKBANK PSP + TOOLERN PSP)
• 4 bedrooms, 2 bathrooms and a double garage
• 8 minutes to Thornhill Park Primary School AND Rockbank Primary School
• 8 minutes to Opalia Plaza
• Short drive to Rockbank train station and proposed Thornhill Park train station
• 10 minutes to Cobblebank Railway Station and Eynesbury town centre
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Property Details for 1626-1664 Mount Cottrell Rd, Mount Cottrell

Building Type
Commercial
Land Size
109.5ac

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About Mount Cottrell 3024

The size of Mount Cottrell is approximately 58.3 square kilometres. It has 4 parks covering nearly 1.2% of total area. The population of Mount Cottrell in 2011 was 688 people. By 2016 the population was 563 showing a population decline of 18.2% in the area during that time. The predominant age group in Mount Cottrell is 60-69 years. Households in Mount Cottrell are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Cottrell work in a trades occupation. In 2011, 74.4% of the homes in Mount Cottrell were owner-occupied compared with 74.6% in 2016.

Mount Cottrell has 529 properties. Over the last 5 years, Houses in Mount Cottrell have seen a -6.45% decrease in median value, while Units have seen a 51.86% increase. As at 30 September 2024:

  • The median value for Houses in Mount Cottrell is $676,874 while the median value for Units is $611,984.
  • Houses have a median rent of $545.
There are currently 32 properties listed for sale, and 1 property listed for rent in Mount cottrell on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Mount cottrell.

Suburb Insights for Mount Cottrell 3024

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Kevin Paghdar
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Harvir Hans
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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.