FOR SALE
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414 Murphys Road
Parwan VIC 3340

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Prime Agricultural Land for Sale: Exceptional 218-Acre Opportunity in Melton

Inwest Real Estate is delighted to present this supremely rare and exciting opportunity to acquire a vast land holding for sale. Sweeping across a spectacular 218 acres, this incredible parcel is poised to impress investors, land bankers, farmers, or sub-urban dwellers.*
Parcels of prime agricultural land such as this, with absolute sealed road frontage, will become increasingly difficult to obtain. Located just steps away from the Melton township, it also offers easy access to the Western Freeway. This enriching investment opportunity features the following key attributes:
No GST
218 acres of good farmland
A plethora of fenced paddocks
Located within one of the fastest-growing municipalities in the West, this property offers unparalleled proximity and amenities:
Only 1 km to all established estates
40 minutes to Melbourne CBD
35 minutes to Geelong Township
10 minutes to Melton Township
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Property Details for 414 Murphys Rd, Parwan

Building Type
Rural

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About Parwan 3340

The size of Parwan is approximately 78.5 square kilometres. It has 1 park covering nearly 1.1% of total area. The population of Parwan in 2011 was 311 people. By 2016 the population was 151 showing a population decline of 51.4% in the area during that time. The predominant age group in Parwan is 60-69 years. Households in Parwan are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Parwan work in a trades occupation. In 2011, 90.4% of the homes in Parwan were owner-occupied compared with 60.4% in 2016..

Parwan has 124 properties. Over the last 5 years, Houses in Parwan have seen a 32.10% increase in median value. As at 31 October 2024:

  • The median value for Houses in Parwan is $1,024,912.
There are currently 9 properties listed for sale, and 1 property listed for rent in Parwan on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Parwan.

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Safwat Ali
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Boris Jakovdis
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