703-735 Greigs Road, Fieldstone, VIC 3024 | Land for sale | OnTheHouse
 
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703-735 Greigs Road
Fieldstone VIC 3024

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Land area: 104ac
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42 Ha Within Rockbank South PSP

703-735 Greigs Road, Fieldstone, is a premier landholding of approximately 42.16 hectares (104 acres) within Melbourne's rapidly expanding western growth corridor. This substantial parcel offers a significant 297-metre frontage to Greigs Road and is strategically positioned within the Urban Growth Zone (UGZ). As a cornerstone of the Rockbank South Precinct Structure Plan (PSP), the property has gained further prominence by being highlighted in the Victorian Government's "Plan for Melbourne's Greenfields" under the Horizon 2 CPA Greenfields plan. This designation places the land on a clear trajectory for planning commencement between 2025/26 and 2028/29, making it a critical asset for developers looking to capitalise on the next major wave of urban expansion.
The property is situated just 28 kilometres from the Melbourne CBD and benefits from exceptional connectivity, surrounded by a network of established and emerging communities. It is immediately adjacent to the Rockbank PSP and within close proximity to several key development areas, including the Rockbank North, Toolern, and Paynes Road PSPs to the west. To the east are the Mt Atkinson and Tarneit Plains employment and residential hubs, while the Melton East and Kororoit PSPs further strengthen the regional infrastructure network. This synergy with surrounding precincts ensures the site is perfectly positioned to leverage future arterial road upgrades and the ongoing expansion of the Rockbank and Cobblebank rail corridors.
Future development must balance high-density residential capacity with the protection of significant biodiversity values within the Western Growth Corridor Plan and Rockbank South PSP guidelines.
Key Insights -
• Massive 42.16-hectare (approx. 104-acre) landholding within the Urban Growth Zone.
• Identified in the Horizon 2 CPA Greenfields plan, with planning scheduled to commence by 2025/26.
• Strategic central location surrounded by the Rockbank, Rockbank North, Toolern, Paynes Road, and Mt Atkinson PSPs.
• Exceptional connectivity with easy access to the Western Freeway, Rockbank Station, and the future Outer Metropolitan Ring (OMR) road.
• Substantial 296-metre frontage to Greigs Road, providing excellent access and visibility for future master-planning.
• 28 Radial Kilometres west of the Melbourne CBD
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Property Details for 703-735 Greigs Rd, Fieldstone

Building Type
Land
Land Size
104ac
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About Fieldstone 3024

The size of Fieldstone is approximately 4.0 square kilometres. The population of Fieldstone in 2016 was 569 people. By 2021 the population was 496 showing a population decline of 12.8% in the area during that time. The predominant age group in Fieldstone is 60-69 years. Households in Fieldstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fieldstone work in a managers occupation.In 2021, 69.10% of the homes in Fieldstone were owner-occupied compared with 74.60% in 2016.

Fieldstone has 19 properties. Over the last 5 years, Houses in Fieldstone have seen a 128.67% increase in median value. As at 31 July 2026:

  • The median value for Houses in Fieldstone is $767,785.
There are currently 1 property listed for sale, and no properties listed for rent in Fieldstone on OnTheHouse. According to Cotality's data, no properties were sold in the past 12 months in Fieldstone.

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Garvit Mediratta
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Ray White Wollert
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