505 Davis RoadMount Cottrell VIC 3024
Property Details for 505 Davis Rd, Mount Cottrell
Last Listing description (September 2017)
Prime Land near future Town Centre
11.50acres (approx.) in the Urban Growth Zone
Under the 1088 Oakbank PSP (precinct structure planning)
33kms (approx.) from Melbourne CBD and 34kms (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.
Interested parties should conduct their due diligence prior to making any submissions.
For further details please contact Gaviin Gill 0407 224 478 or Mark Zammit 0433 837 246 at AUSTRAMEL Real Estate to invest in Urban Englobo Land
Due Diligence Checklist
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 505 Davis Rd, Mount Cottrell, VIC 3024
- 18 Apr 2016Sold for $4,500,000
- 27 Aug 2015Listed for Sale Contact Agent
- 21 Dec 2000Sold for $150,000
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0About 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.
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