SOLD
Sold on 08 Mar 2024 for $17,150,000

1157-1203 Taylors Road
Deanside VIC 3336

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 90700m2
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Property Details for 1157-1203 Taylors Rd, Deanside

Building Type
Land
Land Size
90700m2
Local Government
Melton
Lot/Plan
2/PS501576

Last Listing description (January 2024)

Dream Land Property Group is delighted to present a prime development opportunity in Deanside. Measuring 22.41 Acres / 9.07 Hectares approx.* this unencumbered development site presents the ultimate development opportunity to investors. Featured in the Kororoit Precinct Structure Plan, 1157 - 1203 Taylors Road is one of the last remaining land parcels situated in one of the most sought-after regions of Melbourne.

All services being available on Taylors Road allows this property to be ready for development. Submitted Subdivision Plans bring forward the exciting chance of developing a 106 Lot* Residential Estate along with a Super Lot and a 10.8 Acre* Park (Park credit amount has been confirmed by the council).

Deanside has seen significant development in recent years, with numerous thriving residential developments, retail centres and community facilities resulting in the area attracting high demand from Melbourne's growing population. The area enjoys easy access to major roads and public transport options.

Located in close proximity to Caroline Springs, Aintree and Fraser Rise, the property has convenient access to a wide range of schools, medical facilities and other essential amenities.

Key Features:
- Prominent location in Approved Kororoit PSP.
- Situated in one of the fastest growing municipalities in Australia, The City of Melton.
- Easy access to Melbourne CBD via Western Highway or public transport.
- Located nearby 2 major employment precincts in the Western Suburbs of Melbourne.
- Just a short 10 min* drive to Caroline Springs Town Centre, Woodgrove Shopping Centre, a wide range of schools and plenty more.
- 6 min* to Rockbank Railway Station.
- 22 min* drive to Melbourne CBD.
- 30 min* drive to Melbourne CBD.

This is a high-profile development opportunity in the heart of Melbourne's rapidly developing Western Growth Corridor. With exceptional access to Westgate Freeway, Western Freeway, Melton Highway, Calder Freeway, Public Transport and the proposed Outer Metropolitan Ring Road this rare opportunity should not be missed.

Contact Us Today:
Jasmander Singh
0413 295 054
jasmander@dreamlandproperty.com.au

&

Gurpyar Sidhu
0423 425 436
g.sidhu@dreamlandproperty.com.au

Property History for 1157-1203 Taylors Rd, Deanside, VIC 3336

A timeline of how this property has performed in the market
Last Sold
$17,150,000
08 Mar 2024
  • 08 Mar 2024
    Sold for $17,150,000
  • 19 Apr 2023
    Listed for Sale Contact Agent
  • 16 Jul 2021
    Sold for $15,500,000
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About Deanside 3336

The size of Deanside is approximately 12 square kilometres. It has 3 parks covering nearly 0.6% of total area. The population of Deanside in 2011 was 417 people. By 2016 the population was 4,331 showing a population growth of 938.6% in the area during that time. The predominant age group in Deanside is 30-39 years. Households in Deanside are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Deanside work in a professional occupation. In 2011, 80.3% of the homes in Deanside were owner-occupied compared with 85.5% in 2016.

Deanside has 5,946 properties. Over the last 5 years, Houses in Deanside have seen a 4.62% increase in median value, while Units have seen a 11.55% increase. As at 31 August 2024:

  • The median value for Houses in Deanside is $708,962 while the median value for Units is $613,076.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 101 properties listed for sale, and 27 properties listed for rent in Deanside on OnTheHouse. According to CoreLogic's data, 373 properties were sold in the past 12 months in Deanside.

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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.