OFF MARKET

1166 Leakes Road
Mount Cottrell VIC 3024

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 40469m2
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Property Details for 1166 Leakes Rd, Mount Cottrell

Building Type
Land
Land Size
40469m2
Local Government
Wyndham
Lot/Plan
9/PS701128

Last Listing description (January 2018)

Whether you are looking to invest in tomorrow's future or looking for a hobby farm don't let this one pass you.
A rare opportunity to secure 8.8 Acres (approx) on Leakes Road Tarneit currently Zoned (UGZ), with massive opportunity for redevelopment for developer, Investor or the astute buyers.. Tarneit is growing at a rapid rate spreading out into the newly zoned urban growth areas; the urban growth boundary has been revised to meet the demand of housing needed for our growing population. The proposed Regional Railway Link that has already been planned and mapped out shows the position of the new Tarneit Railway Station. Land is being developed in the ever popular Tarneit area because of the close proximity to Melbourne CBD and access to the M1 freeway, Tarneit has established schools, shopping centres and recreational areas and only 10 min. from Hoppers Crossing Main Hub and Werribee Plaza which has all major outlets.

Property History for 1166 Leakes Rd, Mount Cottrell, VIC 3024

A timeline of how this property has performed in the market
Last Sold
$820,000
23 Nov 2012
  • 16 Nov 2022
    Listed for Sale Contact Agent
  • 23 Nov 2012
    Sold for $820,000
  • 23 Jul 2012
    Listed for Sale CONTACT AGENT

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About Mount Cottrell 3024

The size of Mount Cottrell is approximately 58.3 square kilometres. It has 4 parks covering nearly 1.2% of total area. The population of Mount Cottrell in 2011 was 688 people. By 2016 the population was 563 showing a population decline of 18.2% in the area during that time. The predominant age group in Mount Cottrell is 60-69 years. Households in Mount Cottrell are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Cottrell work in a trades occupation. In 2011, 74.4% of the homes in Mount Cottrell were owner-occupied compared with 74.6% in 2016.

Mount Cottrell has 530 properties. Over the last 5 years, Houses in Mount Cottrell have seen a -6.96% decrease in median value, while Units have seen a 48.51% increase. As at 31 October 2024:

  • The median value for Houses in Mount Cottrell is $673,460 while the median value for Units is $551,592.
  • Houses have a median rent of $543.
There are currently 30 properties listed for sale, and 3 properties listed for rent in Mount cottrell on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Mount cottrell.

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