SOLD
Sold on 28 Dec 2023 for $260,000

17 Protea Lane
Cobblebank VIC 3338

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 263m2
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Property Details for 17 Protea Lane, Cobblebank

Building Type
Land
Land Size
263m2
Local Government
Melton
Lot/Plan
148/PS718149

Last Listing description (February 2024)

Robinsons Rise Estate Cobblebank.

This 263 sqm standard residential land lot sits in the heart of the Estate, which plays an important part of future access point from Mt Cottrell Rd to the Melton Hospital Precinct.

With current easy access via the entrance of Alfred Rd & Adelong Boulevard including future access via Bridge and Ferris rd's this lot is not to be missed!

Robinsons Rise Estate is situated in the highly sort after Cobblebank Precinct, 38 klms North West of Melbournes CBD.

Sharing boundaries and connector roads with the future Cobblebank Metropolitan Activity Centre, Robinsons Rise is perfectly positioned to provide easy access to this precinct via Ryegrass St (Robinsons Rise) and Bridge rd's.

Within this precinct the Victorian Government have approved the site on Ferris Rd and soon to be completed Bridge Rd, for the delivery of the Future Melton Hospital Precinct and including the newly announced Australian Unity acquisition of 2 Coach St Cobblebank, to provide Specialist Private Medical Services complimented by a new private hospital.

Construction on both sites has been publicly announced to commence in 2024 and due for Completion in 2029.

Find out more https://www.melton.vic.gov.au/Services/Building-Planning-Transport/Strategic-Planning/Precinct-Structure-Plans

Property History for 17 Protea Lane, Cobblebank, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$260,000
28 Dec 2023
  • 19 Feb 2024
    Listed for Sale Not Disclosed
  • 28 Dec 2023
    Sold for $260,000
  • 09 Oct 2017
    Sold for $128,870

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About Cobblebank 3338

The size of Cobblebank is approximately 8.7 square kilometres. It has 7 parks covering nearly 3.6% of total area. The population of Cobblebank in 2011 was 8,916 people. By 2016 the population was 11,516 showing a population growth of 29.2% in the area during that time. The predominant age group in Cobblebank is 30-39 years. Households in Cobblebank are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cobblebank work in a trades occupation. In 2011, 65.9% of the homes in Cobblebank were owner-occupied compared with 63.7% in 2016.

Cobblebank has 2,204 properties. Over the last 5 years, Houses in Cobblebank have seen a 31.81% increase in median value. As at 31 October 2024:

  • The median value for Houses in Cobblebank is $637,373 while the median value for Units is $457,243.
  • Houses have a median rent of $470.
There are currently 20 properties listed for sale, and 10 properties listed for rent in Cobblebank on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Cobblebank.

Suburb Insights for Cobblebank 3338

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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.