48 Tarella DriveKeilor Downs VIC 3038
Property Details for 48 Tarella Dr, Keilor Downs
48 Tarella Dr, Keilor Downs is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 1000m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last transferred in January 2015.
Last Listing description (November 2026)
* RARE DEVELOPMENT OPPORTUNITY ON A GENEROUS APPROX 1000M2 ALLOTMENT* SIDE ACCESS PROVIDES FOR AN OPPORTUNITY TO RETAIN THE EXISTING DWELLING AND DEVELOP OUT THE BACK (STCA) * SIGNIFICANT DEVELOPMENT POTENTIAL, WITH MULTI DWELLING OPTIONS TO BE EXPLORED STCA* EXISTING HOME PROVIDING FLEXIBILITY TO LIVE IN OR LEASE WHILE FUTURE PLANS ARE CONSIDERED* POSITIONED CLOSE TO GREEN GULLY RESERVE, KEILOR DOWNS COLLEGE AND KEILOR VIEWS PRIMARY SCHOOL* CONVENIENTLY LOCATED NEAR KEILOR PLAINS STATION, KEILOR CENTRAL SHOPPING CENTRE, CALDER FREEWAY AND WESTERN RING ROADAn exceptional opportunity awaits at 48 Tarella Drive, Keilor Downs. Set on a generous approximately 1000m2 symmetrical allotment, this property presents an exciting opportunity for developers, builders and investors looking to explore a potential multi dwelling development STCA.The existing home remains comfortable and functional, providing the option to occupy or lease the property while future development plans are considered. With its substantial landholding, practical dimensions and highly convenient location, the site offers significant potential for future development.Property Features* 4 bedrooms including master with ensuite* Spacious lounge room * Functional central kitchen with adjoining dining* Generous approximately 1000m2 allotment* Significant potential for future multi-dwelling development STCA* Backing onto Green Gully Reserve* Walking distance to Keilor Downs College and Keilor Views Primary School* Close proximity to Keilor Plains Station and Keilor Central Shopping Centre* Easy access to Calder Freeway and Western Ring RoadsThis is a rare opportunity to secure a substantial development site in a tightly held Keilor Downs location. Call today to discuss the potential of this outstanding property.
Property History for 48 Tarella Dr, Keilor Downs, VIC 3038
- 24 Sep 2026Listed for Sale $980,000 - $1,050,000
- 17 Oct 2024Listed for Rent $600 / week
- 12 Oct 2022Listed for Rent $450 / week
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About Keilor Downs 3038
The size of Keilor Downs is approximately 4.7 square kilometres. There are 18 parks, covering nearly 11.1% of the total area. The population of Keilor Downs in 2016 was 9995 people. By 2021 the population was 9857 showing a population decline of 1.4% in the area during that time. The predominant age group in Keilor Downs is 60-69 years. Households in Keilor Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Keilor Downs work in a professional occupation.In 2021, 79.20% of the homes in Keilor Downs were owner-occupied compared with 77.90% in 2016.
Keilor Downs has 4,189 properties. Over the last 5 years, Houses in Keilor Downs have seen a 3.84% increase in median value, while Units have seen a 20.82% increase. As at 31 October 2026:
- The median value for Houses in Keilor Downs is $826,567 while the median value for Units is $661,375.
- Houses have a median rent of $560 while Units have a median rent of $505.
Suburb Insights for Keilor Downs 3038
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