Strategically Located in Oakbank PSP Future Growth Corridor
Inwest Real Estate is pleased to present an exceptional residential development site in Melbournes rapidly expanding western growth corridor. Situated within the Oakbank PSP, this 4.73-hectare (11.4-acre) property is a premium opportunity for developers and investors looking to capitalise on future price appreciation in this high-demand area.
Key Features & Investment Highlights:
Prime Residential Development Potential
Concept plan attached in the Information Memorandum (IM), outlining a potential 92-lot subdivision (STPA).
Located just 10 meters from current residential development, ensuring immediate growth potential.
Strategic Location in Melbournes Booming West
Minutes to future Davis Road Railway Station, offering seamless connectivity.
Close proximity to Riverdale Shopping Centre, ensuring access to retail and lifestyle amenities.
Nearby established and future schools, parks, and community facilities, enhancing long-term desirability.
Convenient access to major transport routes, providing easy connectivity to surrounding suburbs and beyond.
Unmatched Convenience & Connectivity
40 minutes to Melbourne CBD via major road networks.
45 minutes to Melbourne Airport, ideal for frequent travellers and future residents.
Fully Serviced Site Infrastructure Ready
The services map confirms sewerage and essential utilities are positioned at the doorstep, ensuring ease of development and cost efficiency.
A Rare Opportunity in a High-Growth Corridor
With Melbournes western corridor experiencing unprecedented demand, opportunities like this are becoming increasingly rare. This site presents a prime investment for developers looking to secure a strategic landholding in an area poised for strong future growth.
For further details, concept plans, and an Information Memorandum (IM), contact Inwest Real Estate today!
Contact:
Safwat Ali: 0403035992
Lateef Mohammed: 0433568575
Boris Jakovidis: 0468420204
Megane Ah-Yu: 0474545777
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist
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 537 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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