561 Tarneit Road, Hoppers Crossing, VIC 3029 | Property Value & History | OnTheHouse
OFF MARKET

561 Tarneit Road
Hoppers Crossing VIC 3029

Bedrooms: 3
Bathrooms: -
Car spaces: -
Floor area: 328m2
Land area: 4080m2
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Property Details for 561 Tarneit Rd, Hoppers Crossing

Building Type
Land
Year Built
1981
Floor Size
328m2
Land Size
4080m2
Local Government
Wyndham
Lot/Plan
12/LP134421

Last Listing description (June 2024)

Presenting an unparalleled opportunity for development, this expansive 20-townhouse site awaits the discerning eye of a visionary developer or builder. Situated in a highly coveted location, this parcel of land offers the perfect canvas to realize a remarkable residential community that
seamlessly blend contemporary living with convenience and luxury.

Spanning an impressive expanse, this site provides ample room for the creation of a meticulously planned townhouse enclave. With its strategic placement in a sought-after area, future residents will enjoy seamless access to nearby amenities, schools, shopping centres, and parks, ensuring a lifestyle of both comfort and leisure.

For developers with an eye for innovation, this site is a veritable playground of possibilities. Craft a collection of townhouses that redefine urban living, elevating it to new heights of style and functionality. With a market hungry for quality housing, this development presents a compelling investment prospect, promising both immediate and long-term returns.

Architectural creativity finds no limits here. Envision modern aesthetics, efficient layouts, and state-of-the-art features, all contributing to the creation of a community that stands as a testament to superior design and craftsmanship. The location's accessibility via major transportation routes ensures an effortless commute for residents, while potential communal spaces, green areas, and recreational facilities promise a lifestyle that's as vibrant as it is sophisticated.

Step into the future with this 20-townhouse development site and embark on a journey to shape the landscape of urban living. With its strategic location, expansive space, and limitless potential, this offering invites the discerning developer or builder to seize the opportunity to make a lasting mark on the city's skyline. Contact us today to explore the boundless horizons that await in this visionary venture.

Please see the below link for an up-to-date copy of the Due Diligence Checklist:
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 561 Tarneit Rd, Hoppers Crossing, VIC 3029

A timeline of how this property has performed in the market
Last Sold
$2,650,000
14 May 2024
Listed for Rent
$570/w
04 Mar 2020
  • 14 May 2024
    Sold for $2,650,000
  • 11 Sep 2023
    Listed for Sale $2,600,000 - $2,850,000
  • 19 Jul 2021
    Sold for $2,150,000
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About Hoppers Crossing 3029

The size of Hoppers Crossing is approximately 17.6 square kilometres. It has 60 parks covering nearly 7.9% of 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 16,344 properties. Over the last 5 years, Houses in Hoppers Crossing have seen a 22.78% increase in median value, while Units have seen a 23.63% increase. As at 30 April 2026:

  • The median value for Houses in Hoppers Crossing is $715,525 while the median value for Units is $482,459.
  • Houses have a median rent of $480 while Units have a median rent of $430.
There are currently 76 properties listed for sale, and 40 properties listed for rent in Hoppers crossing on OnTheHouse. According to Cotality's data, 753 properties were sold in the past 12 months in Hoppers crossing.

Suburb Insights for Hoppers Crossing 3029

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.