This is not simply a land holding; it is a Tier-One Strategic Asset positioned for exceptional capital growth within Australia's fastest-growing municipality, the City of Wyndham. Urban Growth Zone (UGZ): The property sits squarely within the highly coveted Urban Growth Zone, providing the fundamental planning endorsement for future residential subdivision. Oakbank PSP Precinct: Strategically located within the Oakbank Precinct Structure Plan (PSP), earmarking this site for future residential development. This is a crucial element for developers and land bankers. Massive Residential Potential: The Oakbank PSP is planned to accommodate approximately 28,363 people and 10,130 dwellings, underscoring the enormous scale of the development pipeline this land is a part of. Unrivalled Land Banking: Recognised as "One of the Prime land left to secure" in this specific growth corridor, offering massive potential for significant capital appreciation. Immediate Income & Holding Power: The existing 4-bedroom house (with separate living rooms) provides immediate rental income, effectively offsetting holding costs until the PSP development phase commences. A must have for : Local and overseas investors, developers, and forward-thinking land bankers who understand the power of securing prime land at the forefront of Melbourne's urban expansion.Strategic Location & Growth CorridorThe site is positioned just 26 km West of the Melbourne CBD, benefiting from superior connectivity and proximity to established urban infrastructure. Proximity to Infrastructure: Surrounded by established and emerging residential estates, including Tarneit North PSP, Riverdale PSP, and Truganina PSP, highlighting its central position in the development network. Retail & Lifestyle Access: Located close to major, actively trading shopping centres, ensuring convenience for future residents:o Approx. 4 km to Riverdale Villageo Approx. 6 km to Tarneit Gardens Shopping Centreo Approx. 7 km to Tarneit Central Shopping Centre Educational Facilities: Close to multiple top educational institutions, including Barayip Primary School, St John the Apostle School, and Tarneit Rise Primary School, attracting future family buyers. Transport Links: Excellent road connections with the Princes Freeway providing a direct route to Melbourne CBD, and approximately a 35-minute drive to Melbourne Airport.McGrath is proud to present this generational land asset. We invite all qualified investors and developers to undertake comprehensive due diligence and secure this high-growth opportunity. Future growth is certain; securing the right land now is the key.Contact today!
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 536 properties. Over the last 5 years, Houses in Mount Cottrell have seen a 0.05% increase in median value, while Units have seen a 35.81% increase. As at 30 November 2025:
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