Under the PSP 1088 Oakbank is (approx.) 11 acres in UGZ,draft framework structure plan suggests this site will be suitable for conventional Residential lots in the near future (STPA)
Approx. 10km from Werribee plaza, short drive to Hoppers Crossing train station, primary and secondary schools, parks, recreation facilities and local amenities.
Easy access to metropolitan ring road, within a close proximity to the future Rose Grange shopping centre Tarneit
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:
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