231-297 Downing StreetMount Cottrell VIC 3024
Property Details for 231-297 Downing St, Mount Cottrell
Last Listing description (July 2018)
Land size is 41.22HECTARE (APPROX.) UNDER the RCZ, AND FUTURE UGZ prospecting with removal of overlay as under the newly approved application which is under process for the same.
Opportunity is unlimited for this land as its close to newly proposed train station, shopping centre and Melton Freeway already there, being close to plenty of growth opportunities around and sitting with a direct view to the city.
Added opportunity for a developer or land banker to buy two large parcels together as next door we have another 40.28 hectare for sale
and add for huge development proposals
Dont miss the opportunity please call SAFWAT ALI anytime on 0403 035 992
Property History for 231-297 Downing St, Mount Cottrell, VIC 3024
- 21 Dec 2015Listed for Sale Contact Agent
- 22 Jan 1992Sold for $105,000
- 07 Sep 1991Sold for $125,000
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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 -6.96% 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.
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