OFF MARKET

95 Oconnell Road
Merrimu VIC 3340

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 157828m2
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Last updated 16 Dec 2024
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Property Details for 95 Oconnell Rd, Merrimu

95 Oconnell Rd, Merrimu is a 0 bedroom, 0 bathroom House. The property has a land size of 157828m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
House
Land Size
157828m2
Local Government
Moorabool
Lot/Plan
1/TP957892

Last Listing description (February 2022)

Raine & Horne Land Victoria are delighted to offer for sale 95 Oconnell Road in Merrimu residential PSP ( Part of Approved Bacchus Marsh urban growth framework )

• 39 Acres - Gross site area

The Victorian Planning Authority (VPA) is working with Moorabool Shire Council to prepare a Precinct Structure Plan (PSP) and Infrastructure Contributions Plan (ICP) for 7,200 lots
The site is very close to Bacchus Marsh township
Just under 50 mins drive from Melbourne CBD, with easy access via Western Freeway
12-minute drive to Melton Woodgrove Shopping Centre
A Short drive to railway station and all the established conveniences of Bacchus Marsh region
A rare land banking opportunity within the vicinity of the established Bacchus Marsh township


Call Kevin Paghdar on +61 426 510 510 Or Talwinder Dahiya +61 435 486 458 today for further enquiries.

Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 95 Oconnell Rd, Merrimu, VIC 3340

A timeline of how this property has performed in the market
Last Sold
$3,600,000
15 Jun 2018
  • 09 Oct 2020
    Listed for Sale Contact Agent
  • 15 Jun 2018
    Sold for $3,600,000
  • 27 Mar 2017
    Sold for $1,100,000

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About Merrimu 3340

The size of Merrimu is approximately 18.7 square kilometres. It has 6 parks covering nearly 0.6% of total area. The population of Merrimu in 2011 was 271 people. By 2016 the population was 363 showing a population growth of 33.9% in the area during that time. The predominant age group in Merrimu is 0-9 years. Households in Merrimu are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Merrimu work in a trades occupation. In 2011, 90.5% of the homes in Merrimu were owner-occupied compared with 84.2% in 2016..

Merrimu has 185 properties. Over the last 5 years, Houses in Merrimu have seen a 16.54% increase in median value. As at 30 November 2024:

  • The median value for Houses in Merrimu is $725,746 while the median value for Units is $499,998.
There are currently 3 properties listed for sale, and no properties listed for rent in Merrimu on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Merrimu.

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