ABOUT TO GO BOOM!!!
As the Tarneit area continues to develop and grow at an alarming rate, this fantastic allotment is ripe for the picking. Falling under the P.S.P 1088 Oakbank, the land is a little over 9 acres in size and is that close to the action, you can see the houses being built almost right in front of you. With plans already in place to build a main township, primary and secondary schools, train station, sporting clubs and a variety of other community minded amenities within extremely close proximity, the fact that Melbourne only being 28 kms away, shopping centres only 5 minutes away and schools not much further won?t even come into calculations once all the nearby development is complete. A perfect opportunity to invest in the future with a 202m2 colorbond shed that can be utilised now, this fantastic parcel of land is that close to the action, you can smell it.
Due Diligence checklist are available at www.consumer.vic.gov.au/?duediligencechecklist
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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