FOR SALE
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81 Browns Lane
Parwan VIC 3340

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Land area: 4ha
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GREAT OPPORTUNITY IN PRIME LOCATION

Invic Group is pleased to present 81 Browns Lane Parwan
* Potential Development Site
* Exceptional landbank value uplift opportunity
* 55 minutes approx. to Melbourne CBD
* 40 mins drive to Melbourne's International Airport (Tullamarine)
* Minutes to Bacchus Marsh railway station, future Parwan railway station & Bacchus Marsh Township
We at the Invic Group welcome you and look forward to servicing your real estate needs. The opportunity awaits! Call Safwat Ali on 0403 035 992 or Anil Gandhi on 0404 620 334
DISCLAIMER: All stated dimensions are approximate only.
Due diligence checklist - for home and residential property buyers -
http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 81 Browns Lane, Parwan

Building Type
Land
Land Size
4ha

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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 125 properties. Over the last 5 years, Houses in Parwan have seen a 59.04% increase in median value. As at 30 September 2024:

  • The median value for Houses in Parwan is $1,233,878.
There are currently 10 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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ANIL GANDHI
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INVIC REALESTATE
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