Sold Real Estate & Business Agents are proud to present 380 acres of Prime Real Estate on Melbourne's fringe.
Close proximity to Melton, Bacchus Marsh and Werribee, easy access to Western Highway and only 40 mins to Melbourne CBD.
Future development will be influenced by rapidly growing, adjoining Melton City and Eynesbury township.
The size of Parwan is approximately 78.5 square kilometres. It has 1 park covering nearly 1.1% of total area. The population of Parwan in 2011 was 311 people. By 2016 the population was 151 showing a population decline of 51.4% in the area during that time. The predominant age group in Parwan is 60-69 years. Households in Parwan are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Parwan work in a trades occupation. In 2011, 90.4% of the homes in Parwan were owner-occupied compared with 60.4% in 2016..
Parwan has 123 properties. Over the last 5 years, Houses in Parwan have seen a 46.28% increase in median value. As at 30 November 2024:
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