As the Wyndham City area continues to develop and grow at a breath taking rate, this fantastic allotment is ripe for the picking. Under the Oakbank PSP 1088 are 11.56 acres (approx.) in UGZ (Urban Growth Zone).
This site is close to proposed Davis Road Train Station & Town Centre and proposed schools. Short distance to the Tarneit Train Station, Werribee Plaza Shopping Centre 31kms (approx.) from Melbourne CBD and 37kms (approx.) to Melbourne 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 - Little Green Estate, Riverdale Village, Westbrook Estate, Elements Estate, Rothwell Estate and Stockland's development.
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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