OFF MARKET

495 Davis Road
Mount Cottrell VIC 3024

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 211m2
Land area: 46539m2
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Property Details for 495 Davis Rd, Mount Cottrell

Building Type
Land
Year Built
1980
Floor Size
211m2
Land Size
46539m2
Local Government
Wyndham
Lot/Plan
16/LP92917

Last Listing description (September 2023)

Reliance Commercial is delighted to offer an incredible opportunity to own a prime piece of real estate located at 495 Davis Road, Mount Cottrell. This magnificent property is situated in the highly sought-after Oakbank PSP 1088 and is zoned as an Urban Growth Zone, providing endless opportunities for land bankers and developers alike.

Located opposite the Tarneit North Completed PSP, this site boasts a prime location that is perfect for major developments. Additionally, the property is in close proximity to major developments like Verdant Hill, Marigold, New Heaven, and Orchard.

With its convenient location, this property is just a short drive to the Tarneit West Train Station, Tarneit Central Shopping Centre, Tarneit P-9 College, Werribee Plaza Shopping Centre, future Davis Road Train Station, and future proposed Town Centre. And, it is approximately 30km to Melbourne CBD, making it an ideal location for commuters.

The property currently has a residence on site that includes 4 bedrooms, 2 bathrooms, and 4 car spaces. This offers the added benefit of generating rental income while development plans are being drawn up.

This truly is a rare opportunity to own a prime piece of real estate in a rapidly growing area. Don't miss out on the chance to make this property your own! Contact Reliance Commercial today to arrange a viewing.

If you require any further information or have any questions, please do not hesitate to contact JD on 0423 664 786.

Disclaimer: Vendor / Agency or Agent representative will not be held responsible for any errors or mis descriptions whatever that appears. All prospective purchasers / lessees are advised to take their own necessary measurements, permit & council checks, research & their own diligence before entering into any agreements. No part of this work maybe copied, reproduced or use of photos copyrights.

Property History for 495 Davis Rd, Mount Cottrell, VIC 3024

A timeline of how this property has performed in the market
Last Sold
$480,000
30 Apr 2003
  • 13 May 2021
    Listed for Sale 11.5 Acres in Oakbank PSP!
  • 30 Apr 2003
    Sold for $480,000
  • 20 Aug 1981
    Sold for $25,000

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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 -6.45% decrease in median value, while Units have seen a 51.86% increase. As at 30 September 2024:

  • The median value for Houses in Mount Cottrell is $676,874 while the median value for Units is $611,984.
  • Houses have a median rent of $545.
There are currently 30 properties listed for sale, and 1 property listed for rent in Mount cottrell on OnTheHouse. According to CoreLogic's data, 15 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.