40W Craig RoadDevon Meadows VIC 3977
Property Details for 40w Craig Rd, Devon Meadows
Last Listing description (February 2017)
Located on Craig Road and close to the Royal Botanic Gardens, this parcel of land (approximately 18 acres in 2 lots) is currently zoned Farming and can be used for a range of related uses. The terrain is flat with vegetation mainly on the outer perimeter. The Farming Zone is essentially a holding zone and it is important to note that this land is within a future Precinct Structure Plan (PSP) and will suit developers looking to secure land for potential subdivision which is located close to other successful developments.
Some of these estates have been already been completed and sold out or they are currently under development. Settlers Run, Acacia & Summerhill are fine examples of popular housing estates in the immediate vicinity.
The Devon Meadows PSP is identified in the South East Growth Corridor Plan as a future urban area and will be subject to detailed investigations as part of the PSP process.
Devon Meadows is located within the City of Casey in Melbourne's south-eastern growth corridor and is only 5 minutes from the heart of Cranbourne and its extended infrastructure and facilities.
Detailed planning information can be made available upon request or contact Matthew Dewan for further discussion or a site visit.
Property History for 40w Craig Rd, Devon Meadows, VIC 3977
- 29 Nov 2016Listed for Sale Expressions of interest
Recent sales nearby
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About 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 639 properties. Over the last 5 years, Houses in Devon Meadows have seen a 11.12% increase in median value. As at 30 November 2025:
- The median value for Houses in Devon Meadows is $986,371 while the median value for Units is $854,442.
- Houses have a median rent of $560.
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