43 Redwood DriveHoppers Crossing VIC 3029
Property Details for 43 Redwood Dr, Hoppers Crossing
Last Listing description (May 2026)
Opportunities of this caliber are becoming increasingly rare.
Set within one of Melbourne's most established and tightly held western suburbs, 43 Redwood Drive, Hoppers Crossing presents an exceptional chance to secure approximately 7,001 sqm of prime, build-ready land. This is a standout offering for experienced buyers seeking scale, flexibility, and long-term upside in a location with proven demand and diminishing supply.
This acreage-scale allotment provides a blank canvas of significant proportions - ideal for those with vision. Whether your strategy is to create a landmark private estate, pursue a carefully considered multi-dwelling or subdivision outcome (STCA), or secure a strategic land-banking asset, this parcel offers options that are simply no longer common in Hoppers Crossing.
Blocks of this size are exceptionally uncommon in the area. Recent transactions of nearby large parcels, including a 6,000 sqm holding on Redwood Drive, reinforce just how tightly held and sought after substantial land assets have become. Once opportunities like this are absorbed, replacement stock is virtually nonexistent.
Positioned approximately 25 km from Melbourne's CBD, Hoppers Crossing continues to benefit from strong buyer demand driven by its strategic location within Melbourne's western growth corridor. Excellent transport connectivity, established retail precincts, quality schools, and proximity to major employment hubs all combine to support ongoing capital growth and long-term value.
Key Opportunities Include:
Prestige single-residence estate Design and deliver a substantial home with expansive outdoor living, landscaping, and lifestyle amenities rarely achievable within suburban Melbourne.
Development potential (STCA) Explore multi-dwelling or subdivision outcomes in a suburb where land size is a critical constraint for new supply.
Strategic investment / land banking Secure a high-quality asset in a location where large undeveloped lots are rapidly disappearing.
Large, undeveloped landholdings in Hoppers Crossing are in short and shrinking supply. The majority of available parcels are significantly smaller, making this offering particularly compelling for buyers who understand the value of scale, scarcity, and long-term positioning.
This is not just land, it's opportunity at a scale that is no longer being created.
Please see the link below for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Property History for 43 Redwood Dr, Hoppers Crossing, VIC 3029
- 08 May 2026Sold for $2,130,000
- 29 Jan 2026Listed for Sale $2,450,000 to $2,600,000
- 01 Sep 1987Sold for $68,200
Recent sales nearby
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About Hoppers Crossing 3029
The size of Hoppers Crossing is approximately 17.6 square kilometres. There are 60 parks, covering nearly 7.9% of the total area. The population of Hoppers Crossing in 2016 was 38701 people. By 2021 the population was 37216 showing a population decline of 3.8% in the area during that time. The predominant age group in Hoppers Crossing is 30-39 years. Households in Hoppers Crossing are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hoppers Crossing work in a professional occupation.In 2021, 71.20% of the homes in Hoppers Crossing were owner-occupied compared with 73.40% in 2016.
Hoppers Crossing has 16,387 properties. Over the last 5 years, Houses in Hoppers Crossing have seen a 17.46% increase in median value, while Units have seen a 23.46% increase. As at 31 July 2026:
- The median value for Houses in Hoppers Crossing is $701,861 while the median value for Units is $483,302.
- Houses have a median rent of $480 while Units have a median rent of $425.
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