580-598 Troups Road, Mount Cottrell, VIC 3024 | Property Value & History | OnTheHouse
 
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580-598 Troups Road
Mount Cottrell VIC 3024

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Land area: 112212m2
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Property Details for 580-598 Troups Rd, Mount Cottrell

Building Type
Land
Land Size
112212m2
Local Government
Melton
Lot/Plan
2019/PP3431

Last Listing description (February 2021)

Expression of Interest closing on 14 June 2019

PSP Property Group is delighted to offer for sale 580-598 Troups Rd South Mount Cottrell , an area which has been identified and earmarked as a major focal point of Melbourne's north-west for future development and growth.


27.4 Acres approx. in Rural Conservation Zone
Situated close to substantial retail amenity, education, parklands and the Rockbank and Tarneit Train Station.
30 minutes (approx.) to Melbourne CBD and 35 minutes (approx.) to Melbourne Airport.
Local area will be serviced by the future Outer Metropolitan Ring Road, currently in planning phase.
Close to some of the major land developments; Mt Atkinson, Olivia, Grandview, Little Green Estate, Riverdale Village, Westbrook Estate, Elements Estate, Rothwell Estate.
It is located in a strong performing housing corridor.
The City of Melton is one of the fastest growing municipalities in Melbourne, forecast to grow by over 300,000 residents in the next two decades.


Due Diligence Checklist -

http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 580-598 Troups Rd, Mount Cottrell, VIC 3024

A timeline of how this property has performed in the market
Last Sold
$505,000
30 Jan 2021
  • 30 Jan 2021
    Sold for $505,000
  • 29 Apr 2019
    Listed for Sale Expression of Interest
  • 14 Dec 2001
    Sold for $52,000
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About 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 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:

  • The median value for Houses in Mount Cottrell is $704,648 while the median value for Units is $489,660.
  • Houses have a median rent of $533.
There are currently 32 properties listed for sale, and 2 properties listed for rent in Mount cottrell on OnTheHouse. According to Cotality's data, 49 properties were sold in the past 12 months in Mount cottrell.

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