168 South Gippsland Highway, Leongatha, VIC 3953 | Commercial for sale | OnTheHouse
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168 South Gippsland Highway
Leongatha VIC 3953

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 57ac
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A great development and Land Banking Opportunity!

> Expansive Land Parcel: 57 acres*
> General Residential Zone: 19 acres*
> Farming Zone: 38 acres*
> Positioned Adjacent to Leongatha Hospital
Discover a rare gem in the vibrant town of Leongatha! Spanning an impressive 57 acres, this strategically located land parcel is a golden opportunity for developers and investors alike. With approximately 19 acres zoned as General Residential and an additional 38 acres currently designated as Farming Zone-already under investigation for future rezoning-this property offers unparalleled potential.
Key Features:
Development Potential: The 19 acres of General Residential land is primed for residential projects. Whether you envision a modern housing development, townhouses, or single-family homes, this section paves the way for a thriving community (STCA). The 38 acres of Farming zone is currently under investigation for potential rezoning, providing future possibilities that are hard to come by in today's market.
Prime Location: Nestled right next to the Leongatha Hospital, this land is perfectly positioned for future development. The proximity to essential services such as healthcare ensures a steady demand for residential properties in the vicinity. Plus, you're just a short stroll away from local amenities, schools, parks, and recreational facilities!
Versatile Land Use: Whether you're looking to landbank for future appreciation or jump into immediate development, this parcel suits a variety of investment strategies. The diverse zoning offers flexibility for residential and agricultural use, making it a one-of-a-kind opportunity.
Scenic Views and Natural Beauty: Enjoy the serenity of Leongatha's landscape. With open spaces and natural features surrounding the property, it's not just about investing in land; it's about offering a lifestyle. Imagine designing a community that embraces the beauty of the outdoors, with parks and walking trails right at residents' doorsteps.
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Property Details for 168 South Gippsland Hwy, Leongatha

Building Type
Commercial
Floor Size
1m2
Land Size
57ac
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About Leongatha 3953

The size of Leongatha is approximately 42.6 square kilometres. It has 23 parks covering nearly 1.9% of total area. The population of Leongatha in 2016 was 5654 people. By 2021 the population was 5869 showing a population growth of 3.8% in the area during that time. The predominant age group in Leongatha is 60-69 years. Households in Leongatha are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Leongatha work in a professional occupation.In 2021, 73.80% of the homes in Leongatha were owner-occupied compared with 71.30% in 2016.

Leongatha has 3,876 properties. Over the last 5 years, Houses in Leongatha have seen a 32.63% increase in median value, while Units have seen a 45.73% increase. As at 30 November 2025:

  • The median value for Houses in Leongatha is $568,091 while the median value for Units is $426,239.
  • Houses have a median rent of $460 while Units have a median rent of $380.
There are currently 71 properties listed for sale, and 7 properties listed for rent in Leongatha on OnTheHouse. According to Cotality's data, 164 properties were sold in the past 12 months in Leongatha.

Suburb Insights for Leongatha 3953

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Atul Sama (Sunny)
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Amandeep Singh
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Raine & Horne Land Victoria
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.