1370 Dohertys RoadMount Cottrell VIC 3024
Property Details for 1370 Dohertys Rd, Mount Cottrell
1370 Dohertys Rd, Mount Cottrell is a 0 bedroom, 0 bathroom House. The property has a land size of 101196m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (October 2024)
Raine & Horne Land Victoria are delighted to offer this 10.10 Ha approx. site situated within Melbourne's rapidly expanding western corridor for sale. 1370 Dohertys Road, Mt Cottrell falls under the strategic Precint Structure plan named Oakbank PSP representing a key investment opportunity. Positioned to capitalize on the region's significant growth, this property is ideally located for a visionary residential development. This site has a potential to be subdivided into 175 lots (STCA).
Location & Proximity:
- Melbourne CBD: 31 km, providing access to the urban center.
- Public Transport: Tarneit Train Station, future Davis Rd railway station and the upcoming Tarneit West Station are within minutes, enhancing connectivity.
- Shopping and Amenities: Tarneit Central Shopping Centre and Riverdale shopping centre is within minutes, offering a range of retail options.
- Located just approx. 850 meters from the current development
Investment Highlights:
- Population Growth: Melbourne's western growth corridor has seen substantial population increases, with areas like Werribee and Melton experiencing significant growth. The region is set to welcome over 840,000 new residents by 2036, highlighting the demand for new housing and community infrastructure.
- Significant Developers nearby: Centrally positioned among already developing estates like Cassandra Estate by Homeington Building Group and the upcoming Orchard Estate by Dahua Group makes it an opportunity not to be missed. Other developrs nearby include Peet, Satterley, YourLand and many more.
- Strategic Growth Plans: The Victorian Planning Authority's Growth Corridor Plans outline the development of housing, employment, and transport infrastructure over the next 30 to 40 years. These plans aim to accommodate Melbourne's growing population by creating sophisticated suburbs with great town centers and affordable housing.
- Market Dynamics: Despite broader economic uncertainties, Melbourne's west has witnessed a strong market, attracting buyers with its affordable and desirable lifestyle. The area is expected to continue experiencing accelerated population growth, with a projected increase of 22,100 residents by 2031, representing an annual growth of 15%.
- Community-Focused Living: The region is known for its emphasis on community-focused living, with a demand for townhouses and master-planned communities offering value and lifestyle quality. Investments into public transport, walkability, and local community development initiatives are key to fostering strong community ties.
This strategic parcel of land offers investors and developers a chance to be at the forefront of Melbourne's western expansion, delivering a project that meets the growing demand for residential spaces while contributing to the area's vibrant future.
Please feel free to contact Harvir Hans at 0421 452 651 or Talwinder Dahiya at 0435 486 458 for further enquiry.
DISCLAIMER:
- All stated dimensions are approximate only and all photos are for illustration purposes only.
- Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
- Due Diligence Checklist -http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 1370 Dohertys Rd, Mount Cottrell, VIC 3024
- 02 Aug 2024Listed for Sale Price Upon Application
- 06 Feb 2024Listed for Sale Price Upon Application
- 10 Feb 2023Listed for Sale Contact Agent
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0About Mount Cottrell 3024
The size of Mount Cottrell is approximately 58.3 square kilometres. It has 4 parks covering nearly 1.2% of total area. The population of Mount Cottrell in 2016 was 569 people. By 2021 the population was 496 showing a population decline of 12.8% in the area during that time. The predominant age group in Mount Cottrell is 60-69 years. Households in Mount Cottrell are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Cottrell work in a managers occupation.In 2021, 69.10% of the homes in Mount Cottrell were owner-occupied compared with 74.60% in 2016.
Mount Cottrell has 535 properties. Over the last 5 years, Houses in Mount Cottrell have seen a -0.17% decrease in median value, while Units have seen a 35.81% increase. As at 31 December 2025:
- The median value for Houses in Mount Cottrell is $724,864 while the median value for Units is $504,534.
- Houses have a median rent of $545.
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