Rubicon Real Estate is pleased to offer this strategic land banking and Development opportunity located in one of Melbourne's most rapidly expanding growth corridors of Mount Cottrell.Key features include:- Total land area: 4.69 hectares (11.6 acres approx.)- Zoned: Urban Growth Zone - Ideally positioned to key rail and arterial roads including Princes and Western Freeways- Closely positioned to multiple areas within the Precinct Structure Plan- Excellent educational, medical, retail and financial facilities within proximity- Located at short distance from Riverdale Shopping Centre, proposed Davis Road Train Station, Glen Wattle Mosque, Sikh Temple and Hindu Temple- 30 km from Melbourne CBD, 35 km approx to Melbourne AirportInterested parties should conduct their own Due Diligence prior to any offers. For more please contact Gurjant Judge at 0449 150 074.Due Diligence Checklist -http://www.consumer.vic.gov.au/duediligencechecklist
The size of Mount Cottrell is approximately 58.3 square kilometres. There are 4 parks, covering nearly 1.2% of the 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 couples with children 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 -4.00% decrease in median value, while Units have seen a 43.97% increase. As at 30 June 2026:
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