OFF MARKET

530 Muddy Gates Lane
Tooradin VIC 3980

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 146m2
Land area: 161875m2
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Last updated 14 Oct 2024
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Property Details for 530 Muddy Gates Lane, Tooradin

530 Muddy Gates Lane, Tooradin is a 0 bedroom, 0 bathroom House and was built in 1970. The property has a land size of 161875m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1970
Floor Size
146m2
Land Size
161875m2
Local Government
Casey
Lot/Plan
1/LP205617

Last Listing description (August 2024)

We are excited to present an exclusive opportunity in Tooradin, offering 40 acres of pristine land nestled within the coveted Green Wedge Zone. Strategically positioned for optimal growth and development, this property promises a lucrative future for land banking or investment endeavours.

Key Features:

Size: Spanning 40 acres, this expansive property provides ample space for various projects, ensuring versatility and potential for lucrative returns.

Location: Situated in Tooradin a burgeoning suburb known for its rapid expansion and promising prospects, this property enjoys proximity to essential amenities, transportation networks, and major urban centres.

Zoning: The property falls within the Green Wedge Zone, characterized by its commitment to preserving natural landscapes and promoting sustainable development. Such zoning ensures long-term value appreciation and compliance with environmentally conscious practices.

Investment Potential: With the ever-increasing demand for land in strategic locations, this property presents an enticing opportunity for investors seeking to capitalize on the burgeoning real estate market. Whether for future development, land banking, or portfolio diversification, this parcel holds immense promise.

Expert Guidance: For further details or inquiries regarding this remarkable investment opportunity, please reach out to Vorinder Turen or Pardeep Sagwal. Their expertise and insights will assist you in navigating this lucrative venture and unlocking its full potential.

Vorinder Turen
+61 452 077 702
vorinder.turen@landwisere.com.au

Pardeep Sagwal
+61 425 786 051
pardeep.sagwal@landwisere.com.au

*Disclaimer:*
All dimensions are approximate. Information provided is for general guidance only and does not constitute any representation by the vendor or agent. The vendors will consider genuine and reasonable offers.

**Due Diligence Checklist:
For more information on due diligence, please visit the following link: [Due Diligence Checklist](http://www.consumer.vic.gov.au/duediligencechecklist)

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Property History for 530 Muddy Gates Lane, Tooradin, VIC 3980

A timeline of how this property has performed in the market
Last Sold
$3,500,000
01 Dec 2021
  • 09 May 2024
    Listed for Sale Not Disclosed
  • 01 Dec 2021
    Sold for $3,500,000
  • 02 Apr 2012
    Sold for $685,000

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About Tooradin 3980

The size of Tooradin is approximately 27.3 square kilometres. It has 3 parks covering nearly 0.5% of total area. The population of Tooradin in 2011 was 1,358 people. By 2016 the population was 1,547 showing a population growth of 13.9% in the area during that time. The predominant age group in Tooradin is 0-9 years. Households in Tooradin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tooradin work in a trades occupation. In 2011, 77.9% of the homes in Tooradin were owner-occupied compared with 80% in 2016.

Tooradin has 833 properties. Over the last 5 years, Houses in Tooradin have seen a 31.45% increase in median value, while Units have seen a 43.56% increase. As at 30 September 2024:

  • The median value for Houses in Tooradin is $895,776 while the median value for Units is $649,073.
  • Houses have a median rent of $530.
There are currently 17 properties listed for sale, and no properties listed for rent in Tooradin on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Tooradin.

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