20 Forest Drive, Heathcote, VIC 3523 | Land for sale | OnTheHouse
 
FOR SALE
$550,000 - $600,000

20 Forest Drive
Heathcote VIC 3523

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 20.11ac
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POTENTIAL FUTURE SUBDIVISION OR DEVELOPMENT OPPORTUNITY (STCA)

URV proudly presents an outstanding opportunity within the peaceful surrounds of Heathcote, renowned for its picturesque landscapes, boutique wineries and relaxed country lifestyle. The property features frontage to Forest Drive and Heathcote-Nagambie Road, subject to relevant authority and access approvals. It may appeal to buyers seeking a lifestyle retreat, land banking opportunity or future development potential, subject to council and relevant authority approvals (STCA). Purchasers are encouraged to undertake their own planning, servicing and development investigations.
Located approximately 110 kilometres north of Melbourne and 40 kilometres south-east of Bendigo, Heathcote is well known for its regional charm, wineries, local amenities and lifestyle appeal, attracting buyers seeking space and serenity within regional Victoria.
KEY FEATURES:
- Approx. 20.11 acres of land
- Existing dwelling in rundown condition and not considered suitable for habitation
- Low Density Residential Zone (LDRZ1)
- Potential future subdivision or development opportunity (STCA)
- Bushland surroundings and regional lifestyle setting
- Opportunity to design and build a future residence (STCA)
- Approximate proximity to Heathcote town centre and local amenities
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Property Details for 20 Forest Dr, Heathcote

Building Type
Land
Land Size
20.11ac
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About Heathcote 3523

The size of Heathcote is approximately 130.9 square kilometres. It has 9 parks covering nearly 25.2% of total area. The population of Heathcote in 2016 was 2793 people. By 2021 the population was 2962 showing a population growth of 6.0% in the area during that time. The predominant age group in Heathcote is 60-69 years. Households in Heathcote are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Heathcote work in a trades occupation.In 2021, 80.80% of the homes in Heathcote were owner-occupied compared with 77.20% in 2016.

Heathcote has 2,522 properties. Over the last 5 years, Houses in Heathcote have seen a 11.92% increase in median value, while Units have seen a 36.45% increase. As at 30 April 2026:

  • The median value for Houses in Heathcote is $501,742 while the median value for Units is $417,540.
  • Houses have a median rent of $475 while Units have a median rent of $273.
There are currently 82 properties listed for sale, and 2 properties listed for rent in Heathcote on OnTheHouse. According to Cotality's data, 105 properties were sold in the past 12 months in Heathcote.

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Achal Arora
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Universal Real Estate Vic Craigieburn
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