244 Keys Road, Keysborough, VIC 3173 sold on 28 April 2025 | OnTheHouse
SOLD
Sold on 28 Apr 2025 for $5,000,000

244 Keys Road
Keysborough VIC 3173

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6.1ha
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Property Details for 244 Keys Rd, Keysborough

Building Type
Land
Land Size
6.1ha

Last Listing description (April 2025)

An exceptional 6.1ha landholding with over 207m frontage where you can escape the hustle and bustle of city life and experience the tranquility of living on the city fringe. This idyllic and elevated vacant lifestyle block is positioned just outside the Urban Growth Boundary providing a scenic and serene pocket in the countryside within minutes of an urban setting.

Located near established residential development, this fully fenced parcel of land is situated in the well-established suburb of Keysborough which is well known for its residential estates, open golf course and well established infrastructure. Major arterial roads, including nearby EastLink, Mordialloc Freeway and Mornington Peninsula Freeway, connect the suburb to Melbourne's CBD and the Mornington Peninsula within 40 minutes.


Subject to the potential of future rezoning, this site could one day have huge potential uplift and presents a visionary developer with an exciting land banking opportunity. This picturesque 15 acre property has a current planning permit for the development of one dwelling and has reticulated water and underground power along its frontage.

The property has been farmed by six generations of the same family, supporting intensive beef and dairy cattle grazing due to the rich and fertile nature of the sandy loam soil. It is this soil that will readily support prime pasture, intensive vegetable cropping or just expansive swathes of beautiful green lawns surrounding your new home. There are endless possibilities for building your dream home and hobby farm, or for simply enjoying the peace that the open space provides. For horse enthusiasts, there are two fenced paddocks with water and horse boxes.

Nearby Hutton Road and Springvale Road ensures that you are only minutes away from Haileybury College, Keysborough South Primary school, Keysborough Golf Course and some of Melbourne's best beaches such as Chelsea, Edithvale and Aspendale. It is also well connected to Melbourne's CBD and the popular Mornington Peninsula via the nearby EastLink motorway, Mordialloc Freeway and Mornington Peninsula Freeway.

Peaceful, private and perfectly positioned in Keysborough's premier pocket!

*measurements approx

Property History for 244 Keys Rd, Keysborough, VIC 3173

A timeline of how this property has performed in the market
Last Sold
$5,000,000
28 Apr 2025
  • 24 May 2025
    Sold for $5,000,000
  • 08 May 2024
    Listed for Sale Buy Now!
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About Keysborough 3173

The size of Keysborough is approximately 21.8 square kilometres. It has 56 parks covering nearly 12.1% of total area. The population of Keysborough in 2016 was 25785 people. By 2021 the population was 30018 showing a population growth of 16.4% in the area during that time. The predominant age group in Keysborough is 30-39 years. Households in Keysborough are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Keysborough work in a professional occupation.In 2021, 78.50% of the homes in Keysborough were owner-occupied compared with 79.70% in 2016.

Keysborough has 13,133 properties. Over the last 5 years, Houses in Keysborough have seen a 38.06% increase in median value, while Units have seen a 25.51% increase. As at 31 December 2025:

  • The median value for Houses in Keysborough is $1,085,682 while the median value for Units is $796,555.
  • Houses have a median rent of $695 while Units have a median rent of $650.
There are currently 41 properties listed for sale, and 17 properties listed for rent in Keysborough on OnTheHouse. According to Cotality's data, 499 properties were sold in the past 12 months in Keysborough.

Suburb Insights for Keysborough 3173

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Allison Grant
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Jason Yan
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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.