3949 Geelong-Bacchus Marsh RoadParwan VIC 3340
Property Details for 3949 Geelong-Bacchus Marsh Rd, Parwan
3949 Geelong-Bacchus Marsh Rd, Parwan is a 0 bedroom, 0 bathroom House with 7 parking spaces and was built in 1960. The property has a land size of 161876m2 and floor size of 25m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (October 2024)
Raine & Horne Land Victoria is proud to present 3949 Geelong Bacchus Marsh Road Parwan exclusively for sale.
Located within the Parwan Employment Precinct, this 40-acre* property is a prime investment opportunity.
Currently zoned as Farming and included in the Bacchus Marsh Urban Growth Framework, it is perfectly positioned for future development (STCA).
Key Selling Points:
- Proximity to Major Locations:
- 40 acres approx in Parwan Employment.
- Melbourne CBD: Approximately 45 minutes drive*
- Melbourne Airport: Approximately 40 minutes drive*
- Bacchus Marsh Train Station: 7 Minutes away*
- Future Parwan Railway Station
- Close proximity to Bacchus Marsh Township
- Development Potential:
- Located in a growing employment precinct with significant future development potential (STCA)
- Easy access to the Western Freeway and major roads.
Parwan Employment Precinct Highlights:
- The precinct is expected to create around 1,500 new jobs.
- It is strategically positioned to support future urban growth and development.
Please feel free to call Sukhdeep Gill on 0430 110 610 and Rajwinder Singh on 0433 499 044 for further enquiry.
* denotes approximation
DISCLAIMER: All stated dimensions are approximate only and all photos are for illustration purposes only. 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
Property History for 3949 Geelong-Bacchus Marsh Rd, Parwan, VIC 3340
- 07 Jan 2025Listed for Sale $5,500,000
- 17 Jun 2024Listed for Sale Contact Agent
- 21 Dec 2022Sold for $5,500,000
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0About 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 124 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.
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