365 Cummings Road, Parwan, VIC 3340 | Property Value & History | OnTheHouse
OFF MARKET

365 Cummings Road
Parwan VIC 3340

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 209m2
Land area: 161900m2
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Property Details for 365 Cummings Rd, Parwan

Building Type
Commercial
Year Built
1999
Floor Size
209m2
Land Size
161900m2
Local Government
Moorabool
Lot/Plan
6/LP98574

Last Listing description (February 2026)

Approx- 40 Acres of Farming Zone parcel with a house. This is a rare opportunity to buy a substantial parcel within minutes of Bacchus Marsh, Melton, Werribee, and all PARWAN FUTURE DEVELOPMENT AROUND.

Parwan Employment Precinct (PEP):

The PEP has the potential to be a regionally significant employment hub for agribusiness and industry. Benefits include its position away from residential uses, proximity to the Bacchus Marsh Irrigation District and access to the freeway. Parwan is suited not to a single agribusiness, but rather a range of mainly vertically integrated businesses that will drive local prosperity and employment growth. Likely occupiers include meat processing, feedlot/sale-yards, mushrooms, poultry, hydroponics and associated co-located industries.

The agribusiness potential of the PEP is estimated at up to 1,200 jobs. While only indicative, these figures give a broad overview of employment capacity. Beyond PEP, no future employment investigation areas are currently identified.

The population of Bacchus Marsh is estimated to double over the next two decades to around 40,000 residents. This growth presents an opportunity to provide needed infrastructure and build the local economy, and importantly, encourage continued housing affordability. Work commenced on the Bacchus Marsh UGF in late 2014. A request was made to the Minister for Planning in 2015 to prepare an amendment to the planning scheme. Subsequently, a project brief was developed between the parties and a scope of works was signed off by the Minister for Planning.

Bacchus Marsh will be an emerging regional growth centre, providing metropolitan-edge convenience, set within a distinctive agricultural valley framed by steep escarpments and significant waterways. Bacchus Marsh will be planned as a rural city in a farming district and as the gateway to Victoria's Central Highlands region. Bacchus Marsh will draw new residents, investors and tourists due to its liveability, comparatively affordable land, diversity of residential lot sizes, access to services and attractive landscapes.

The Bacchus Marsh Irrigation District is a food bowl for Victoria, and a range of other state-significant natural resources present opportunities for economic growth. As a rural city, Bacchus Marsh's service role and investment in education, health, retail and local industry will be strengthened. The combination of landscape, natural resources and liveability are unique to Bacchus Marsh and will be central to managing future growth.

under going draft stage now with soon to be changed within 2-3 years or so for commercial usage
Agriculture and industrial mixed commercial

Town water also connected to this property and that is unique feature of this land for future development.

No Airport Overlay.

Concept Plan Available.

Please Check the links below for further information about PSP which is expected 2026.

https://vpa.vic.gov.au/project/parwan-employment-precinct/

https://www.moorabool.vic.gov.au/News/Council-adopts-Community-Vision-2030-Council-Plan-21-25-Budget-2021-22

https://www.premier.vic.gov.au/bacchus-marsh-employment-precinct-powers-ahead

https://vpa-web.s3.amazonaws.com/wp-content/uploads/2023/12/Victorian-Planning-Authority-Business_Plan-2023-2024.pdf

I would like to share some latest news,up to date on the significant announcements made by government this week and what they mean for the VPA.

https://vpa.vic.gov.au/ceo-update-october-2024/

https://vpa.vic.gov.au/activitycentres/

https://vpa.vic.gov.au/about/business-plan/

CURRENTLY THERE IS A 4 BEDOOMS LIVABLE HOUSE AND SHEDS.


DO NOT MISS THE OPPORTUNITY ANYMORE, CALL SAFWAT ALI to discuss further anytime on

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

Property History for 365 Cummings Rd, Parwan, VIC 3340

A timeline of how this property has performed in the market
Last Sold
$4,500,000
24 Aug 2018
Listed for Rent
$1.10k/w
26 Apr 2024
  • 26 Mar 2025
    Listed for Sale Contact Agent
  • 29 Feb 2024
    Listed for Rent $1,100 / week
  • 20 Apr 2021
    Listed for Sale Contact Agent
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About Parwan 3340

The size of Parwan is approximately 78.5 square kilometres. It has 1 park covering nearly 1.1% of total area. The population of Parwan in 2016 was 170 people. By 2021 the population was 188 showing a population growth of 10.6% in the area during that time. The predominant age group in Parwan is 50-59 years. Households in Parwan are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parwan work in a clerical occupation.In 2021, 74.50% of the homes in Parwan were owner-occupied compared with 60.40% in 2016.

Parwan has 123 properties. Over the last 5 years, Houses in Parwan have seen a 62.71% increase in median value. As at 31 January 2026:

  • The median value for Houses in Parwan is $677,202 while the median value for Units is $747,508.
There are currently 5 properties listed for sale, and no properties listed for rent in Parwan on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in Parwan.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.