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Parwan VIC 3340

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Land area: 44ac
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Great oppurtunity in the future Parwan Employment Precinct!!

Raine and Horne Land victoria is Delighted to offer 44 acres in future Parwan Employment Precinct. A rare oppurtunity to acquire 40 acres of flat land 60 kms of Melbourne CBD, within the sough-after Bacchus Marsh Urban Growth Framework Plan(Parwan Employment Precinct) in Melbourne's newest Growth corridor.
Bacchus Marsh Urban Growth Framework includes:
1) Merrimu Residential PSP
2) Parwan Station PSP
3)Parwan Employment PSP
This 40 acres forms part of the Bacchus Marsh Urban Growth Framework Plan Which will provide for a future merrimu popultion of 20,000 residents just minutes to the Bacchus Marsh Township and 55 minutes approx to the melbourne CBD via easy freeway access.
Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for Contact Agent For Address, Parwan

Building Type
Land
Land Size
44ac

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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 62.71% increase in median value. As at 31 August 2024:

  • The median value for Houses in Parwan is $1,545,908.
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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Contact agent
Harsimrat Gill
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Rupinder Sidhu
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Raine & Horne Land Victoria
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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.