OFF MARKET

119-135 Faulkners Road
Mount Cottrell VIC 3024

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 101171m2
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Property Details for 119-135 Faulkners Rd, Mount Cottrell

Building Type
Land
Land Size
101171m2
Local Government
Melton
Lot/Plan
1/LP66333

Last Listing description (January 2022)

Raine & Horne Land Victoria is delighted to offer this unique opportunity for investment in Australia's fastest growing City Council (Melton city Council)

The site which comprises 10.11 Ha holds high future potential by sharing the boundary with Urban Growth Zone (Rockbank South PSP)


* 10.11 Hac flat land under Green Wedge Zone
* Property has easy excess to Melton township, Rockbank Train Station, and all existing amenities of Caroline Springs and Tarneit
* 35 drive to Melbourne CBD and 40 drive to Melbourne Airport
* Neighbouring major estates are Thornhill Park, Key West, Harmony, Millstone, Sundar Estate and New Garden
* Close proximity to future proposed Westfield Shopping centre in Mt Atkinson and Melbourne Business Park
* Short drive to Rockbank train station and proposed Thornhill Park train station
* Generous settlement terms can be offered.

For more information please contact Harvir Hans: 0421 452 651 or Sukhraj Romana: 0433 092 727
Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 119-135 Faulkners Rd, Mount Cottrell, VIC 3024

A timeline of how this property has performed in the market
Last Sold
$2,750,000
21 Feb 2021
  • 16 Mar 2021
    Listed for Sale Contact Agent
  • 21 Feb 2021
    Sold for $2,750,000
  • 27 Oct 1999
    Sold for $122,500

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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 -5.97% decrease in median value, while Units have seen a 35.08% increase. As at 31 January 2025:

  • The median value for Houses in Mount Cottrell is $672,771 while the median value for Units is $465,715.
  • Houses have a median rent of $535.
There are currently 25 properties listed for sale, and 5 properties listed for rent in Mount cottrell on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Mount cottrell.

Suburb Insights for Mount Cottrell 3024

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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.