46 Peacock Road, Tyabb, VIC 3913 | Land for sale | OnTheHouse
 
FOR SALE
$2,500,000

46 Peacock Road
Tyabb VIC 3913

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Land area: 9.08ha
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22.5* Acres | Green Wedge Land | Somerville-Tyabb Corridor

Generationally held land since 1908 selling due to deceased estate - This is your chance to be the new owner of an incredibly well positioned land holding made available for the first time in almost 120 years.
Perfectly placed between the expanding townships of Somerville and Tyabb and only 55km from Melbourne CBD sits 46 Peacock Road - a substantial 22.5* Acre Green Wedge landholding.
Cattle yards on site make it immediately functional for agistment or animal keeping with a secure site perimeter fence in place. Build a private custom home. Hold it long term. The land works for whatever the strategy is (all STCA).
A Rare Position In A Tightening Market
The property sits as the natural midpoint between towns Somerville and Tyabb, an in-demand pocket for residential and industrial land within the Mornington Peninsula. The site is surrounded by a combination of Industrial and Residential Zoned Land that has gradually closed in around this pocket. Green Wedge parcels located with this potential upside in the Mornington Peninsula are a rare find, let alone up for sale.
The Corridor Has Government Attention
The Somerville-Tyabb-Hastings region is actively subject to planning processes at both state and local government level. Industrial land across Mornington Peninsula has been identified by planning authorities as constrained, with new areas under consideration to support growing population and business trade. The Port of Hastings and surrounding region has drawn significant attention at state and federal level, with major strategic initiatives under active consideration - and as those processes progress, the surrounding areas will naturally feel the impact (STCA).
Contact James McKarell on 0473 843 625 for further details or to arrange a private inspection.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information and do not constitute any representation on part of the vendor or agent. Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 46 Peacock Rd, Tyabb

Building Type
Land
Land Size
9.08ha
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About Tyabb 3913

The size of Tyabb is approximately 23.9 square kilometres. There are 11 parks, covering nearly 1.8% of the total area. The population of Tyabb in 2016 was 3338 people. By 2021 the population was 3449 showing a population growth of 3.3% in the area during that time. The predominant age group in Tyabb is 50-59 years. Households in Tyabb are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tyabb work in a trades occupation.In 2021, 84.60% of the homes in Tyabb were owner-occupied compared with 83.40% in 2016.

Tyabb has 1,895 properties. Over the last 5 years, Houses in Tyabb have seen a 20.19% increase in median value, while Units have seen a 15.75% increase. As at 30 April 2026:

  • The median value for Houses in Tyabb is $923,473 while the median value for Units is $671,574.
  • Houses have a median rent of $650 while Units have a median rent of $595.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Tyabb on OnTheHouse. According to Cotality's data, 93 properties were sold in the past 12 months in Tyabb.

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James Mckarell
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Atul Sama (Sunny)
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Raine & Horne Land Victoria
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