57 Cape Paterson Road, Wonthaggi, VIC 3995 | AcreageSemi-rural for sale | OnTheHouse
 
FOR SALE
$2,750,000 - $3,000,000

57 Cape Paterson Road
Wonthaggi VIC 3995

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 34ha
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LAND BANK NOW AND MAKE $$$ IN THE FUTURE

"Whether you're looking for future development, or a lifestyle property wedged between rural city and beach living then this block is for you."
Set on approx 34.49 hectares, this expansive parcel of land split over two titles presents an exceptional opportunity in a highly sought after location just outside the heart of Wonthaggi. Boasting prime street frontage, the property is perfectly positioned for those looking to secure a strategic investment in a rapidly evolving area.
Surrounded by neighbouring land already zoned for low density residential use, this property offers outstanding potential for future rezoning (STCA), making it an ideal land banking prospect. Currently zoned for farming, it provides flexibility for immediate use while you plan for the future.
With Wonthaggi's current population nudging over 11,000 people and expected to double in the next 25 years there is set to be high demand for future land that can be rezoned. Given the proximity to the Wongthaggi township this property must be considered.
But if it's lifestyle you are after, then enjoy the best of both worlds with peaceful, open space living and easy access to some of the region's most stunning coastal attractions. A short drive will take you to Cape Paterson Beach, the picturesque Kilcunda Beach, and a variety of beautiful back beaches, perfect for leisure and lifestyle appeal.
Whether you're an investor, developer or lifestyle buyer, this is a rare chance to secure a substantial landholding in a growing community with exciting potential ahead.
Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.
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Property Details for 57 Cape Paterson Rd, Wonthaggi

57 Cape Paterson Rd, Wonthaggi is a 3 bedroom, 1 bathroom AcreageSemi-rural. The property has a land size of 34ha. The place is currently for sale with Ray White Pakenham.

Building Type
AcreageSemi-rural
Land Size
34ha
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About Wonthaggi 3995

The size of Wonthaggi is approximately 52.4 square kilometres. It has 24 parks covering nearly 4.6% of total area. The population of Wonthaggi in 2016 was 4965 people. By 2021 the population was 5215 showing a population growth of 5.0% in the area during that time. The predominant age group in Wonthaggi is 60-69 years. Households in Wonthaggi are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wonthaggi work in a trades occupation.In 2021, 66.70% of the homes in Wonthaggi were owner-occupied compared with 62.90% in 2016.

Wonthaggi has 4,243 properties. Over the last 5 years, Houses in Wonthaggi have seen a 12.40% increase in median value, while Units have seen a 4.13% increase. As at 30 April 2026:

  • The median value for Houses in Wonthaggi is $578,725 while the median value for Units is $423,088.
  • Houses have a median rent of $495 while Units have a median rent of $415.
There are currently 56 properties listed for sale, and 8 properties listed for rent in Wonthaggi on OnTheHouse. According to Cotality's data, 229 properties were sold in the past 12 months in Wonthaggi.

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Gavin Staindl
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Georgia Byers-Hunt
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Ray White Pakenham
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