SOLD
Sold on 01 May 2024 for $4,200,000

15 Gard Road
Mount Cottrell VIC 3024

Bedrooms: 4
Bathrooms: -
Car spaces: 2
Land area: 28000m2
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Property Details for 15 Gard Rd, Mount Cottrell

Building Type
Rural
Land Size
28000m2
Local Government
Wyndham
Lot/Plan
8/PS701128

Last Listing description (November 2023)

Biggin Scott Wyndham/Melton are delighted to offer for sale 15 Gard Road, permit approved ready to develop housing project located alongside some of Australia's best developers.

* 2.8 Ha approx. - gross site area


* The Land Parcel is split with 2.9 Acres (approx.) in a residential zoning area (Riverdale PSP) and 3.9 acres are part of Oakbank PSP (Urban Growth Zone).

Lot A (in Riverdale PSP):
* Permit Approved for 21 lots
* High demand location

Lot B (in Oakbank PSP):
* 3.9 acres part of Oakbank PSP with 3 bedroom house, lounge/dining area, kitchen, & double car garage plus various sheds.
* Draft framework structure plan suggests this site will be suitable for conventional residential lots in the near future (STCA).

* Walking Distance to Riverdale Village Shopping Centre
* 400 metres to proposed Wyndham City Stadium
* 2 minutes to Riverdale Major Town Centre and future Tarneit West train station.
* 28 Km to Melbourne CBD


For sale by expression of interest:
Closing Tuesday 14th November at 12pm.

Call Romy Gakhar on 0430 521 119 for further details.

Property History for 15 Gard Rd, Mount Cottrell, VIC 3024

A timeline of how this property has performed in the market
Last Sold
$4,200,000
01 May 2024
  • 01 May 2024
    Sold for $4,200,000
  • 13 Oct 2023
    Listed for Sale Contact Agent !!
  • 13 Apr 2022
    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.

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.