OFF MARKET

477-491 Faulkners Road
Mount Cottrell VIC 3024

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 105218m2
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Property Details for 477-491 Faulkners Rd, Mount Cottrell

Building Type
Land
Land Size
105218m2
Local Government
Melton
Lot/Plan
11/LP120931

Last Listing description (November 2024)

Ray White Land Sales Victoria is pleased to present an incredible opportunity located in the middle of the Western Growth Corridor.

Approximately 26* acres of Green Wedge Zoned. Minutes away to the Western Freeway and the thriving town of Mount Cottrell, but offering absolute privacy. As the address suggests, it is not only pleasant but offers the perfect balance of rural living/town convenience. Get in quick for this one!

Location highlights:

+ Easy access to Melton Township, Rockbank Train Station, and all existing amenities of Caroline Springs and Tarneit

+ Close to Residential Developments (Land Estates) such as Thornhill Park & Key West by Wel.Co, Harmony, Millstone by CFMG, Sundar Estate by Growland and New Garden

+ Close proximity to future Westfield Shopping Centre in Mount Atkinson and Melbourne Business Park

+ Situated 35* minutes drive to Melbourne CBD

+ 40* minutes drive to Melbourne Tullamarine International Airport

Flexible Settlement Terms available.

Get in contact with our Sales Executives today for further information:

Karandeep Singh 0450 200 007

Mack Mithewal 0484 222 227

All interested parties should conduct their own due diligence before making any submissions.

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Please see the below link for an up-to-date copy of the Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 477-491 Faulkners Rd, Mount Cottrell, VIC 3024

A timeline of how this property has performed in the market
Last Sold
$58,000
15 Oct 1996
  • 29 Aug 2022
    Listed for Sale Price on Application
  • 31 Jan 2008
    Listed for Sale 520000
  • 09 Oct 2007
    Listed for Sale Not Disclosed
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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 -6.96% 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.
There are currently 30 properties listed for sale, and 3 properties listed for rent in Mount cottrell on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Mount cottrell.

Suburb Insights for Mount Cottrell 3024

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.