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Mount Cottrell VIC 3024

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Land area: 25ac
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Prime Investment Opportunity in MT Cottrell's Growth Corridor

This property, spanning around 10+ hectares, is situated in the Oakbank Precinct Structure Plan (PSP) area within. It is positioned within an Urban Growth Zone, making it a prime investment for future development (STCA). The site is ideally located near key amenities such as shopping centers, schools, and transport options, with proximity to both current and planned infrastructure. With the area's significant growth potential and strategic location, this property presents a solid opportunity for future expansion and development.
Key Features:
- Investment/land holding opportunity
- Urban Growth Zone - Oakbank PSP
- Close to all existing & future amenities
- Future development site (STCA)
For more information or to arrange an inspection, contact Greenfields Real Estate, your trusted partner in agricultural property sales.
Greenfields Real Estate
5 Schembri Drive, Truganina
Director: Jatinder Singh Aashat
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Property Details for Contact Agent For Address, Mount Cottrell

Building Type
Rural
Land Size
25ac

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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 530 properties. Over the last 5 years, Houses in Mount Cottrell have seen a -6.44% decrease in median value, while Units have seen a 55.65% increase. As at 30 November 2024:

  • The median value for Houses in Mount Cottrell is $671,360 while the median value for Units is $523,053.
  • Houses have a median rent of $540.
There are currently 28 properties listed for sale, and 3 properties listed for rent in Mount cottrell on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Mount cottrell.

Suburb Insights for Mount Cottrell 3024

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Jatinder Aashat
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Rick Sharp
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Greenfields Real Estate
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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.