473-503 Harkness Road, Melton West, VIC 3337 | Commercial for sale | OnTheHouse
FOR SALE
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473-503 Harkness Road
Melton West VIC 3337

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 105218m2
Land area: 26ac
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RESIDENTIAL DEVELOPMENT SITE IN MELTON WEST PSP

Raine & Horne Land Victoria is proud to present 473-503 Harkness Road, Melton West-an exceptional opportunity to secure a substantial landholding with extensive frontage to Harkness Road. Situated within the Urban Growth Zone (UGZ) under the Melton West Precinct Structure Plan (PSP), this property offers outstanding future residential development potential.
Located just two lots from the established Arnold Creek Estate, the site is surrounded by well-established residential communities, quality schools, parklands, and essential amenities. Its strategic position within the City of Melton-an area forecast to more than double in population by 2051-underpins strong long-term demand and capital growth prospects.
This significant land parcel, combined with flexible settlement terms, presents an ideal opportunity for developers, land bankers, and forward-thinking investors seeking a high-performing asset in a key growth corridor.
Join some of Melbourne's leading developers, including 3L Alliance, V-Leader, Pelligra,Melrose Land Sales and Resimax, in shaping a future master-planned community in Melbourne's west.
Key location highlights:
• Minutes from Melton Town Centre
• 4 Bedroom House on the property
• Potiential to Yield over 200 PLUS Residential Lots
• Approximately 10 minutes to Melton Railway Station
• Close to Minns Road and Bulmans Road PSP
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Property Details for 473-503 Harkness Rd, Melton West

Building Type
Commercial
Floor Size
105218m2
Land Size
26ac
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About Melton West 3337

The size of Melton West is approximately 9.3 square kilometres. There are 22 parks, covering nearly 14.7% of the total area. The population of Melton West in 2016 was 17589 people. By 2021 the population was 8784 showing a population decline of 50.1% in the area during that time. The predominant age group in Melton West is 10-19 years. Households in Melton West are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Melton West work in a trades occupation.In 2021, 73.80% of the homes in Melton West were owner-occupied compared with 71.60% in 2016.

Melton West has 3,736 properties. Over the last 5 years, Houses in Melton West have seen a 22.73% increase in median value, while Units have seen a 23.40% increase. As at 31 July 2026:

  • The median value for Houses in Melton West is $632,432 while the median value for Units is $495,862.
  • Houses have a median rent of $435 while Units have a median rent of $410.
There are currently 30 properties listed for sale, and 23 properties listed for rent in Melton west on OnTheHouse. According to Cotality's data, 177 properties were sold in the past 12 months in Melton west.

Suburb Insights for Melton West 3337

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Harvir Hans
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Varinder Kaur (Wendy)
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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.