OFF MARKET

570 Tooradin Station Road
Cardinia VIC 3978

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 295000m2
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Property Details for 570 Tooradin Station Rd, Cardinia

Building Type
Land
Land Size
295000m2
Local Government
Cardinia
Lot/Plan
2/LP144534

Last Listing description (October 2023)

PSP Property Group is proud to present this large land parcel in the South East Melbourne for Sale.

This land is 73 acres approx. in the Green Wedge Zone and makes for an outstanding investment/landbanking opportunity due to its prime location within Melbourne's thriving South East Growth Corridor and only 2km* distance from Clyde Creek PSP.

This unique location provides the ideal country setting while being within 30km* from Victoria's popular seaside towns of Mornington and Hastings. While still being close to all modern conveniences.

In close proximity to key amenities including:

Junction Village Shopping Centre - 12km*
Cardinia Primary School - 4.5 km*
Coles Clyde North - 11km*
Close to proposed Clyde regional Park and Clyde Park Sports Precinct
Future Clyde Train Station & Town Centre
Cranbourne Town Centre - 15km approx.
Mornington Peninsula - 37.5km*
Melbourne CBD - 60km*

Cardinia presents an exciting investment opportunity, benefitting from its growing popularity and proximity to key locations in Melbourne's South-East. The continued expansion of infrastructure and amenities in the region, combined with housing estates including Evergreen by Stockland and Riverfield by Brown Property Group show Cardinia to be a key growth region of Victoria.

This region is scheduled to become a key gateway into City of Casey's urban area where by 2031 is expected to accommodate around 403,314 people, this property is a fantastic investment opportunity, not to be missed.

Flexible settlement available.

(*approx.)

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Property History for 570 Tooradin Station Rd, Cardinia, VIC 3978

A timeline of how this property has performed in the market
Last Sold
$3,450,000
19 May 2021
  • 25 Oct 2023
    Listed for Sale Contact Agent
  • 19 May 2021
    Sold for $3,450,000
  • 09 Apr 2021
    Transferred
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About Cardinia 3978

The size of Cardinia is approximately 27 square kilometres. The population of Cardinia in 2011 was 448 people. By 2016 the population was 383 showing a population decline of 14.5% in the area during that time. The predominant age group in Cardinia is 50-59 years. Households in Cardinia are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cardinia work in a trades occupation. In 2011, 76.9% of the homes in Cardinia were owner-occupied compared with 82.3% in 2016..

Cardinia has 171 properties. Over the last 5 years, Houses in Cardinia have seen a 48.47% increase in median value, while Units have seen a 150.89% increase. As at 30 September 2024:

  • The median value for Houses in Cardinia is $1,004,913 while the median value for Units is $984,389.
There are currently 3 properties listed for sale, and no properties listed for rent in Cardinia on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Cardinia.

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