1663-1755 Gisborne-Melton Road, Toolern Vale, VIC 3337 | Commercial for sale | OnTheHouse
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1663-1755 Gisborne-Melton Road
Toolern Vale VIC 3337

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 169.2ac
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Prime Land with Future Potential - 169.2 Acres of Green Wedge Zone Toolern Vale on Melton's Edge.

Land Nation proudly presents an exceptional opportunity with great future potential, 1663-1755 Gisborne-Melton Road, Toolern Vale. 169.2 Acres (68.48 Hectares) of Green Wedge Zone strategically positioned on the boundary of Melton with Wide Road Frontage of Approx 650 meters and just 800 meters from current residential area.
One of the limited larger landholdings along Gisborne-Melton Road and close proximity to Melton East PSP, Minns Road PSP, Melton West and Bulmans Road PSP. Perfectly located on a easy access to Western Freeway and Melton Highway.
The City of Melton is experiencing strong population expansion, with numbers expected to rise from about 232,721 residents in 2024 to roughly 470,596 by 2046. Forecasts indicate the municipality could surpass 500,000 people by 2050. This rapid increase is supporting substantial upgrades to key infrastructure, improvements to transport connectivity, and long-term planning across designated growth corridors to accommodate future residential and commercial activity.
Property Highlights :-
• Land Size 169.2 Acres (68.4 Hectares)
• Exceptional road connectivity to Western Freeway , Melton Highway and Calder Freeway.
• Minutes to the upcoming Cobblebank Hospital and train stations in Melton.
• Approximately 45 minutes drive to Melbourne CBD and 35 minutes to Tullamarine Airport.
• Only 800 Metres from Kurunjang Low-Density Residential Zone (LDRZ) and close to Minns Road PSP.
• Minutes to West Pines Retail Precinct (Bunnings, Officeworks, Supercheap Auto, BCF)
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Property Details for 1663-1755 Gisborne-Melton Rd, Toolern Vale

Building Type
Commercial
Floor Size
1m2
Land Size
169.2ac
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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 27.39% increase in median value. As at 30 April 2026:

  • The median value for Houses in Toolern Vale is $1,028,462 while the median value for Units is $687,510.
There are currently 7 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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Gurjant Waraich
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Harry Sandhu
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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.