35 Olive RoadDevon Meadows VIC 3977
Property Details for 35 Olive Rd, Devon Meadows
Last Listing description (December 2025)
Seize a rare chance to secure 20 acres (approx.) of premium vacant land in the tightly held and rapidly evolving suburb of Devon Meadows. Offering exceptional long-term upside, this expansive parcel is perfectly positioned for astute investors, developers, and landbankers seeking to capitalise on Melbourne's next major growth frontier.
Situated within the Green Wedge Zone under the Victorian Planning Authority, the property sits in close proximity to the Urban Growth Zone boundary and several major upcoming Precinct Structure Plans-including Devon Meadows PSP, Casey Fields South PSP, and Clyde South PSP. With Melbourne's south-east experiencing significant population and infrastructure expansion, this site is primed to benefit from future planning progression and development uplift (STCA).
Located just 1 km from the Devon Meadows and Clyde PSPs and 15 minutes from the proposed South Eastern Airport, this rare landholding sits in a high-potential corridor set to transform in the years ahead.
Within minutes, residents can access key lifestyle and essential amenities including Botanic Ridge Shopping Centre, Cranbourne Shopping Centre, Lighthouse Christian College, Casey Grammar, and the renowned Royal Botanic Gardens Cranbourne. Commuting is effortless with convenient access to the South Gippsland Highway, major road networks, and nearby transport hubs such as Cranbourne Railway Station.
Property Highlights:
Land Size: 20 acres (approx.)
Zoning: Green Wedge Zone (GWZ) - offering unique long-term development potential
Strategic Position: Moments from Melbourne's Urban Growth Boundary and key PSPs
Exceptional Accessibility: Close to shops, schools, parks, major roads & transport
Future Growth Potential: Ideally located for capitalising on population & infrastructure expansion
Investment Opportunity: Significant future redevelopment prospects (STCA)
Income Potential: Ability to generate attractive rental returns while landbanking
This is a rare opportunity to secure a substantial landholding on the doorstep of Melbourne's next major growth corridor. With infrastructure investment increasing and development edging closer every year, 35 Olive Road, Devon meadows presents an outstanding strategic investment with exceptional long-term promise.
Contact us now!
Amit Bhatnagar
0499 977 441
amit@dreamlandproperty.com.au
Davinder Thandi
0404 325 137
davinder@dreamlandproperty.com.au
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document.
Property History for 35 Olive Rd, Devon Meadows, VIC 3977
- 05 Dec 2025Listed for Sale Contact Agent!
- 17 Dec 2024Listed for Sale CONTACT AGENT-EOI
- 18 Sep 2024Listed for Sale $3,300,0000 - $3,600,000
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0About Devon Meadows 3977
The size of Devon Meadows is approximately 23.4 square kilometres. It has 2 parks covering nearly 12.2% of 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 638 properties. Over the last 5 years, Houses in Devon Meadows have seen a 11.80% increase in median value. As at 31 January 2026:
- The median value for Houses in Devon Meadows is $980,733 while the median value for Units is $517,151.
- Houses have a median rent of $560.
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