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

385 Cummings Road
Parwan VIC 3340

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 116m2
Land area: 161879m2
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Last updated 8 Dec 2025
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Property Details for 385 Cummings Rd, Parwan

385 Cummings Rd, Parwan is a 0 bedroom, 0 bathroom House and was built in 1965. The property has a land size of 161879m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
House
Year Built
1965
Floor Size
116m2
Land Size
161879m2
Local Government
Moorabool
Lot/Plan
5/LP98574

Last Listing description (September 2025)

Raine and Horne Land Victoria is delighted to present this prime parcel of land 40 Acres in PARWAN with immense future potential for investors. Parwan Employment Precinct (PEP) is located within the highly sought-after Bacchus Marsh Urban Growth Framework (UGF) Plan in Melbourne, one of the fastest growth corridors in Australia.

It's a corner block between Cummings Rd & Aerodrome road with massive frontage on both the sides. Situated on the west side of Geelong-Bacchus Marsh Road the site is within proximity to Bacchus Marsh airport, Bacchus Marsh shopping centre, existing train station and future Parwan station.

The Victorian Planning Authority (VPA) is working with Moorabool Shire Council to prepare either a structure plan (either as part of a precinct structure plan (PSP) or development plan), to facilitate planning for 1,500 jobs at the Parwan Employment Precinct (Bacchus Marsh).

Located in Melbourne's Western Corridor in the shire of Moorabool, Parwan is a region about to experience enormous transformation. Parwan is of state level importance and is the major employment feature of the framework plan. The precinct is anticipated to commence within the short term and has the ability to deliver up to 1,200 jobs through various agricultural developments such as meat processing, feed lot/saleyards, poultry, hydroponics and associated co-located industries.

Property Features:
• Potential Development Site
• Forms part of Bacchus Marsh Urban Growth Framework Plan
• Exceptional landbank value uplift opportunity
• 40 Acres (Farming Zone)
• 55 minutes approx. to Melbourne CBD
• 50 mins drive to Melbourne's Airport
• Few minutes to Bacchus Marsh railway station
• Close to Parwan Station PSP

Call Kevin Paghdar on +61 426 510 510 Or Harsimrat Gill on +61 432 710 178 today for further enquiries and to arrange a private inspection.

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 385 Cummings Rd, Parwan, VIC 3340

A timeline of how this property has performed in the market
Last Sold
$3,500,000
13 Sep 2018
  • 03 Sep 2025
    Listed for Sale CONTACT AGENT
  • 06 Feb 2025
    Listed for Sale CONTACT AGENT
  • 30 Sep 2024
    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 125 properties. Over the last 5 years, Houses in Parwan have seen a 62.71% increase in median value. As at 30 November 2025:

  • The median value for Houses in Parwan is $673,721 while the median value for Units is $747,508.
There are currently 10 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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© Copyright 2025. 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
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.

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