545 Neerim Road, Hughesdale, VIC 3166 | Property Value & History | OnTheHouse
FOR SALE

545 Neerim Road
Hughesdale VIC 3166

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 160m2
Land area: 853m2
This property is currently on the market
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Property Details for 545 Neerim Rd, Hughesdale

545 Neerim Rd, Hughesdale is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 853m2 and floor size of 160m2.This Property is currently listed for sale with Ray White Commercial Oakleigh

Building Type
House
Year Built
1950
Floor Size
160m2
Land Size
853m2
Local Government
Monash
Lot/Plan
3/LP6694

Last Listing description (August 2026)

Positioned on a substantial 853sqm (approx.) allotment in one of Melbourne's most tightly held growth corridors, this is an outstanding opportunity to secure a property with exciting future potential in the recently rezoned Hughesdale Activity Centre precinct.

Recently included within the Housing Choice and Transport Zone 1 (HCTZ1), the site offers significant appeal to developers, investors and land bankers seeking to capitalise on evolving planning controls and the area's ongoing transformation. With potential for higher-density development and building heights of up to four storeys (STCA), this is a rare chance to secure a strategic landholding in a location earmarked for future growth.

Equally appealing to homebuyers, the property presents an opportunity to renovate and enhance the existing residence, create your dream family home, or start fresh with a brand-new luxury build tailored to your lifestyle (STCA). The generous land size provides ample scope to realise your vision while enjoying all the benefits of this highly sought-after neighbourhood.

Whether your plans involve redevelopment, investment or building a forever home, the possibilities here are extensive and the future looks exceptionally bright.

Adding further value is the outstanding location, just moments from Hughesdale Station, local cafs and shopping, Chadstone Shopping Centre, excellent primary and secondary schools, parks and recreational facilities, Oakleigh's vibrant dining precinct and Monash University. Enjoy exceptional connectivity and everyday convenience from a location that continues to attract strong buyer and developer demand.

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 we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 545 Neerim Rd, Hughesdale, VIC 3166

A timeline of how this property has performed in the market
Last Sold
$900,000
13 Dec 2012
  • 18 Jun 2026
    Listed for Sale $1,500,000 - $1,650,000
  • 13 Dec 2012
    Sold for $900,000
  • 10 Dec 2012
    Listed for Sale SOLD - $900,000
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About Hughesdale 3166

The size of Hughesdale is approximately 2.0 square kilometres. There are 3 parks, covering nearly 2.1% of the total area. The population of Hughesdale in 2016 was 7556 people. By 2021 the population was 7563 showing a population growth of 0.1% in the area during that time. The predominant age group in Hughesdale is 20-29 years. Households in Hughesdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hughesdale work in a professional occupation.In 2021, 63.00% of the homes in Hughesdale were owner-occupied compared with 61.10% in 2016.

Hughesdale has 4,097 properties. Over the last 5 years, Houses in Hughesdale have seen a -0.73% decrease in median value, while Units have seen a -27.55% decrease. As at 31 July 2026:

  • The median value for Houses in Hughesdale is $1,466,965 while the median value for Units is $654,994.
  • Houses have a median rent of $700 while Units have a median rent of $620.
There are currently 13 properties listed for sale, and 17 properties listed for rent in Hughesdale on OnTheHouse. According to Cotality's data, 145 properties were sold in the past 12 months in Hughesdale.

Suburb Insights for Hughesdale 3166

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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.