OFF MARKET

406-420 Faulkners Road
Mount Cottrell VIC 3024

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 101172m2
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Last updated 16 Dec 2024
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Property Details for 406-420 Faulkners Rd, Mount Cottrell

406-420 Faulkners Rd, Mount Cottrell is a 0 bedroom, 0 bathroom House. The property has a land size of 101172m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Land Size
101172m2
Local Government
Melton
Lot/Plan
3/LP53225

Last Listing description (November 2024)

This big size farm/block comes with enormous future potentials and opportunities. Situated on 25 acres and only a 30-minute drive or train trip to the Melbourne CBD, 40 minutes to the Airports, Ballarat and Geelong, "Mt Cottrell Farm" offers a fairy-tale rural lifestyle close to several major townships. Build your dream home (STCA) and enjoy the rural lifestyle or invest for the future. The newly announced Atherstone - a development by Lend Lease is only a few minutes away.

This Huge block also includes paddocks, horse shed, olive trees, Water tanks, caravan and much more. This is an ultimate opportunity for investors and builders to buy this at today's market price and claim your reward in next few years.

Do Not Miss This Opportunity!

NOTE: Link for Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
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Property History for 406-420 Faulkners Rd, Mount Cottrell, VIC 3024

A timeline of how this property has performed in the market
Last Sold
$1,200,000
23 Nov 2020
  • 27 Nov 2024
    Listed for Sale 25 acres of land banking !! Invest in your future.
  • 04 Jan 2021
    Listed for Sale UNDER CONTRACT
  • 23 Nov 2020
    Sold for $1,200,000
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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 -6.44% decrease in median value, while Units have seen a 55.65% increase. As at 30 November 2024:

  • The median value for Houses in Mount Cottrell is $671,360 while the median value for Units is $523,053.
  • Houses have a median rent of $540.
There are currently 28 properties listed for sale, and 3 properties listed for rent in Mount cottrell on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Mount cottrell.

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