This significant land offering of approximately 48 acres with fabulous views extending all the way to the city, inhabits an unspoiled landscape of vast open grasslands and picturesque stands of trees. Perfectly positioned on a sealed road with a generous approximately 725m frontage, this unique property awaits the rural buyer looking to stake their claim in an expansive Toolern Vale landholding.
Superb in its natural beauty embracing vast open skies, this special property is ideal for farming, while also presenting exciting potential to build your family dream home (STCA), in a well-established, high-growth area within an easy 45 minute commute to Melbourne CBD.
The size of Toolern Vale is approximately 96.4 square kilometres. It has 1 park covering nearly 6.7% of total area. The population of Toolern Vale in 2011 was 879 people. By 2016 the population was 732 showing a population decline of 16.7% in the area during that time. The predominant age group in Toolern Vale is 40-49 years. Households in Toolern Vale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Toolern Vale work in a clerical occupation. In 2011, 84% of the homes in Toolern Vale were owner-occupied compared with 87% in 2016.
Toolern Vale has 382 properties. Over the last 5 years, Houses in Toolern Vale have seen a 16.40% increase in median value. As at 31 July 2024:
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