1576-1594 Boundary RoadMount Cottrell VIC 3024
Property Details for 1576-1594 Boundary Rd, Mount Cottrell
Last Listing description (December 2021)
Reliance Urban Land is delighted to present this golden opportunity to developers or investors in Chartwell PSP. Approximately 25 acres to secure in one of Australia's fastest-growing municipalities - an area that has been identified and earmarked as a major focal point of Melbourne's west for future development and growth.
Ideally located at the corner of the Boundary road and Troups road ,right opposite to approved Tarneit plains PSP.
Key Features:
25 Acres approx in Urban Growth Zone (Chartwell East PSP)
Close to substantial Retail amenity, Education, Parklands and Tarneit Train Station.
30 minutes to Melbourne CBD, 35 minutes to Melbourne Airport and 37 minutes to Avalon Airport.
Local area will be serviced by the future Outer Metropolitan Ring Road, currently in planning phase.
Close to some of the major land developments; Mt Atkinson, Riverdale Village, Westbrook Estate, Elements Estate, Rothwell Estate.
It is located in a strong performing housing and light commercial corridor.
The City of Melton is one of the fastest growing municipalities in Melbourne, forecast to grow by over 300,000 residents in the next two decades.
For more information, please call Karan Vejrani (Mandarin, English and Hindi) on 0435 475 823 or Rakesh Neotane on 0450 304 714 (English and Hindi)
Property History for 1576-1594 Boundary Rd, Mount Cottrell, VIC 3024
- 16 Sep 2019Listed for Sale Contact Agent
- 24 Jul 2018Listed for Sale Contact Agent
- 08 Sep 2017Sold for $5,500,000
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0About 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 -6.45% decrease in median value, while Units have seen a 51.86% increase. As at 30 September 2024:
- The median value for Houses in Mount Cottrell is $676,874 while the median value for Units is $611,984.
- Houses have a median rent of $545.
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