FOR SALE
$3,000,000.00 - $3,300,000.00

280 Waurn Ponds Drive
Waurn Ponds VIC 3216

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 40.85ha
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'Cochranes Hill' – 40.85 ha (100 acres approx) 1 TITLE - 6 LOTS

Presenting this rare and significant opportunity to secure a strategically located parcel of land to build your dream home, or an outstanding land banking investment that offers future development potential (STCA).
'Cochranes Hill' is situated on a premium allotment of 100 acres (approx.) with supreme elevated views overlooking the Barrabool Hills, Geelong and across to the Mornington Peninsula. The views to Arthurs Seat / Mornington are spectacular by day but simply stunning by night.
On 1 title with 6 separate lots, the property has the advantage of three road frontages, town water, an established cluster of mature trees next to a spring-fed creek, open paddocks, an original old dairy and is currently being used for cattle grazing and cropping.
The limestone soil is ideal for viticulture adding another investment opportunity to develop as a vineyard and cellar door.
Superbly positioned close to Waurn Ponds shopping precinct, Deakin University, Epworth Hospital, local primary and secondary schools, public transport, and just a 2 minutes to the Geelong Ring Road for a short drive to the Surf Coast beaches and an easy commute to the Melbourne CBD. This is a rare opportunity to buy a large parcel of land so close to Geelong.
A truly exceptional lifestyle and land banking investment opportunity on the fringe of residential Geelong. Country living has never been so convenient with the amenities of the major regional city of Geelong at your doorstep.
Just 5 minutes drive to Waurn Ponds shopping precinct, Deakin University and Epworth Hospital, 19 minutes to Geelong CBD, just over 20 minutes to Torquay, Jan Juc and Bells beaches and 75 minutes to Melbourne CBD approx..

Property Details for 280 Waurn Ponds Dr, Waurn Ponds

Building Type
Rural
Land Size
40.85ha

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About Waurn Ponds 3216

The size of Waurn Ponds is approximately 23.2 square kilometres. It has 10 parks covering nearly 1.2% of total area. The population of Waurn Ponds in 2011 was 3,996 people. By 2016 the population was 5,036 showing a population growth of 26.0% in the area during that time. The predominant age group in Waurn Ponds is 20-29 years. Households in Waurn Ponds are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waurn Ponds work in a professional occupation. In 2011, 82.1% of the homes in Waurn Ponds were owner-occupied compared with 75.8% in 2016.

Waurn Ponds has 1,767 properties. Over the last 5 years, Houses in Waurn Ponds have seen a 31.48% increase in median value, while Units have seen a 24.95% increase. As at 31 October 2024:

  • The median value for Houses in Waurn Ponds is $803,337 while the median value for Units is $546,791.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Waurn ponds on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in Waurn ponds.

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Peter Lindeman
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Elders Real Estate Geelong
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