OFF MARKET

485 Davis Road
Mount Cottrell VIC 3024

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 46942m2
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Property Details for 485 Davis Rd, Mount Cottrell

Building Type
Land
Land Size
46942m2
Local Government
Wyndham
Lot/Plan
1/TP141369

Last Listing description (October 2022)

This impressive allotment on 46937sqm (approx.) is ripe for the picking and presents a huge investment opportunity you don't want to miss. Set in a proposed Oakbank PSP 1088 and presented in a key growth corridor that will be serviced by the future Outer Metropolitan Ring Road, located within Wyndham City Council, which is one of Australia's Top 5 fastest growing regions. It is also close to the proposed Davis Road Train Station and Town Centre.

Site is under the Oakbank PSP 1088 and an Urban Growth Zone, opposite Tarneit North Completed PSP
Proximity to Melbourne Airport and close to major developments like Verdant Hill, Marigold, New Heaven, Orchard

Approximately 30km to Melbourne CBD
A short drive to Tarneit West Train Station, Tarneit Central Shopping Centre, Tarneit P-9 College, Werribee Plaza Shopping Centre, future Davis Road Train Station & future proposed Town Centre.

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Property History for 485 Davis Rd, Mount Cottrell, VIC 3024

A timeline of how this property has performed in the market
  • 04 Aug 2022
    Listed for Sale Contact Agent

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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, 13 properties were sold in the past 12 months in Mount cottrell.

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