Positioned within one of Melbournes rapidly evolving South-East corridors, this exceptional 42-acre landholding presents a rare opportunity for land bankers, investors and strategic buyers looking to secure a substantial property close to Cranbournes expanding growth corridor.
Ideally located where Cranbournes urban growth meets the tightly held Devon Meadows precinct, the property is surrounded by significant developer-held land and positioned within an area attracting increasing attention as development continues to expand throughout Melbournes South-East.
The size of Devon Meadows is approximately 23.4 square kilometres. There are 2 parks, covering nearly 12.2% of the total area. The population of Devon Meadows in 2016 was 1548 people. By 2021 the population was 1551 showing a population growth of 0.2% in the area during that time. The predominant age group in Devon Meadows is 50-59 years. Households in Devon Meadows are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Devon Meadows work in a trades occupation.In 2021, 80.10% of the homes in Devon Meadows were owner-occupied compared with 84.30% in 2016.
Devon Meadows has 636 properties. Over the last 5 years, Houses in Devon Meadows have seen a -0.61% decrease in median value. As at 31 October 2026:
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