88 Olliers Road, Mount Rowan, VIC 3352 | Property Value & History | OnTheHouse
 
FOR SALE

88 Olliers Road
Mount Rowan VIC 3352

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 608300m2
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This property is currently on the market
Large-Scale 60.83ha Development Site in Ballarat North PSP - 984 Lots Plus Neighbourhood Activity Centre
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Property Details for 88 Olliers Rd, Mount Rowan

Building Type
Land
Year Built
1880
Land Size
608300m2
Local Government
Ballarat
Lot/Plan
2/TP832588

Last Listing description (November 2025)

Raine & Horne Land Victoria is pleased to present a 60.83ha* strategic development site in the Ballarat North PSP, supported by a concept masterplan of approximately 984 lots plus a Neighbourhood Activity Centre [NAC]. This is a unique development opportunity offered as three separate properties to be sold individually or as one, located in the Ballarat North PSP. The site will be sold subject to PSP approval which is due to be gazetted by June 2026, representing an increasingly rare opportunity to acquire development-ready, serviceable, PSP-approved land.

1: 88 Olliers Rd Mt Rowan - 29.89 hectares set on two lots
2: 15 Olliers Rd Mt Rowan - 5.75 hectares set on two lots

3: Lots 1 & 2 Noble Court Mt Rowan - 25.19 hectares set on two lots

The 60.83ha site (53.22ha net developable) offers a rare chance to secure a large-scale development site in the coveted Mount Rowan precinct. The site is adjacent to Ballarat Grammar's second campus, with strong growth figures and proximity to key regional infrastructure. The concept masterplan from Spiire details a net developable area of 53.22ha with a lot yield of 984 lots at 20 dwellings/ha [Low Density at 16-17Dw/HA + MD at 25 Dw/HA].

Key Highlights:
Institutional-scale site: 60.83ha (53.22ha NDH*), suitable for a range of future development opportunities (STCA).
Concept masterplan: Approximately 984 lots plus local NAC
No Windfall Gains Tax.
Supported by concept masterplan: Technical studies confirm 53.22ha NDH*, optimising land use while accounting for drainage and infrastructure requirements.
Immediately developable with trunk sewer main directly adjacent to the site, already sized for the site.
Prime Ballarat location: Just 6 km* (8 minutes) from Ballarat CBD, with a future primary school directly across from the site and the NAC located within the site.
Surrounded by high-profile developers: Adjacent to Ballarat Grammar and future sports reserve.
Excellent connectivity: Direct access to Western Freeway and Midland Freeway, providing connectivity to Melbourne in 90 minutes.
Significant development potential: Ideal for residential, mixed-use and commercial development, subject to planning approval.

Please note: The sale explicitly excludes the heritage house and the 2,000m of land immediately surrounding it.

Enquiries:
For more information, inspections, and access to the Electronic Data Room, please contact:

Kevin Paghdar | +61 426 510 510 | kevin.p@landvictoria.rh.com.au

Charanpreet Sandhu | +61 432 712 304 | c.sandhu@landvictoria.rh.com.au

Rizul Sharma | +61 424 366 555 | rizul.s@landvictoria.rh.com.au

Sagar Bhaliya | +61 426 992 493 | sagar.b@landvictoria.rh.com.au

Ballarat North PSP: https://vpa-web.s3.amazonaws.com/wp-content/uploads/2025/09/Ballarat-North-PSP-%E2%80%93-Draft-Land-Valuations-Report-EY-Parthenon-August-2025.pdf

Interested parties should conduct their due diligence prior to making any submissions. 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

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Property History for 88 Olliers Rd, Mount Rowan, VIC 3352

A timeline of how this property has performed in the market
Last Sold
$3,040,950
29 Jan 2020
  • 19 Sep 2025
    Listed for Sale CONTACT AGENT
  • 29 Jan 2020
    Sold for $3,040,950
  • 26 Jun 2014
    Sold for $900,000
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About Mount Rowan 3352

The size of Mount Rowan is approximately 8.6 square kilometres. It has 1 park covering nearly 0.6% of total area. The population of Mount Rowan in 2016 was 294 people. By 2021 the population was 295 showing a population growth of 0.3% in the area during that time. The predominant age group in Mount Rowan is 10-19 years. Households in Mount Rowan are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Rowan work in a professional occupation.In 2021, 91.60% of the homes in Mount Rowan were owner-occupied compared with 86.10% in 2016.

Mount Rowan has 145 properties. Over the last 5 years, Houses in Mount Rowan have seen a 30.53% increase in median value. As at 28 February 2026:

  • The median value for Houses in Mount Rowan is $895,397.
There are currently 2 properties listed for sale, and no properties listed for rent in Mount rowan on OnTheHouse. According to Cotality's data, 2 properties were sold in the past 12 months in Mount rowan.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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