1618 Gisborne-Melton Road, Toolern Vale, VIC 3337 | Commercial for sale | OnTheHouse
FOR SALE
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1618 Gisborne-Melton Road
Toolern Vale VIC 3337

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 89ac
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PRIME OPPORTUNITY TO LAND BANK IN TOOLERN VALE

Raine & Horne Land Victoria proudly presents an exceptional land banking opportunity at 1618 Gisborne-Melton Road, Toolern Vale.
Located within the rapidly expanding City of Melton, this substantial parcel of land sits in one of Melbourne's fastest-growing councils. Melton's population is forecast to grow from approximately 232,721 in 2024 to 470,596 by 2046, with projections exceeding 500,000 residents by 2050. This unprecedented growth is driving major investment in infrastructure, transport networks, and growth corridor planning to support future residential and commercial demand.
Property Highlights
• Approx. 89 acres within the Green Wedge Zone
• Strategically positioned close to Minns Road PSP
• Near the upcoming Kurunjang Local Town Centre, including Coles and specialty retail
• Excellent connectivity with quick access to the Metropolitan Ring Road and Western Freeway
• Just minutes to Melton Train Station and Woodgrove Shopping Centre
• Approximately 45 minutes to Melbourne CBD
• Around 35 minutes to Tullamarine Airport
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Property Details for 1618 Gisborne-Melton Rd, Toolern Vale

Building Type
Commercial
Land Size
89ac
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About Toolern Vale 3337

The size of Toolern Vale is approximately 96.4 square kilometres. There is 1 park, covering nearly 6.7% of the total area. The population of Toolern Vale in 2016 was 724 people. By 2021 the population was 818 showing a population growth of 13.0% in the area during that time. The predominant age group in Toolern Vale is 60-69 years. Households in Toolern Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toolern Vale work in a trades occupation.In 2021, 86.10% of the homes in Toolern Vale were owner-occupied compared with 87.00% in 2016.

Toolern Vale has 398 properties. Over the last 5 years, Houses in Toolern Vale have seen a 18.22% increase in median value. As at 31 July 2026:

  • The median value for Houses in Toolern Vale is $949,078 while the median value for Units is $664,891.
There are currently 12 properties listed for sale, and no properties listed for rent in Toolern vale on OnTheHouse. According to Cotality's data, 11 properties were sold in the past 12 months in Toolern vale.

Suburb Insights for Toolern Vale 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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Cotality Copyright and Legal Disclaimers about Property Data
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.