499-509 Parwan-Exford Road, Parwan, VIC 3340 sold on 28 February 2025 | OnTheHouse
SOLD
Sold on 28 Feb 2025 for $4,400,000

499-509 Parwan-Exford Road
Parwan VIC 3340

Bedrooms: 4
Bathrooms: -
Car spaces: -
Land area: 889700m2
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Property Details for 499-509 Parwan-Exford Rd, Parwan

Building Type
Rural
Land Size
889700m2
Local Government
Melton
Lot/Plan
3/TP744930

Last Listing description (August 2025)

Unlock the potential of this expansive 88.97-hectare parcel ideally located in the heart of Melbourne's booming western corridor. Offering a rare opportunity to secure substantial acreage with future growth prospects, this property presents endless possibilities for land banking, agriculture, or potential development (STCA).

Key Features:

Substantial landholding in one of Parwans most promising growth areas

Located within proximity to Bacchus Marsh, Melton, and key transport routes

Gently undulating and versatile terrain suitable for a range of rural or commercial uses

Long-term development potential with surrounding residential and infrastructure growth

Excellent access via Parwan Exford Road with nearby freeway and rail connections

Whether you're an investor seeking capital growth, a developer looking ahead, or a rural enthusiast wanting scale, 499 Parwan Exford Road is a compelling opportunity not to be missed.

Inspection by appointment only.

Don't miss out on this chance to secure your piece of the ultimate country lifestyle while enjoying the benefits of strategic positioning and investment potential. Contact us today to seize this great opportunity!

For further information, please get in touch with the exclusively appointed sales and marketing agents at Landwise Real Estate:

* Approximate
DISCLAIMER: All stated dimensions are approximate only. The particulars given are for general information only and do not constitute any representation of the vendor or agent.

NOTE: Link for Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 499-509 Parwan-Exford Rd, Parwan, VIC 3340

A timeline of how this property has performed in the market
Last Sold
$4,400,000
28 Feb 2025
  • 02 Aug 2025
    Listed for Sale Not Disclosed
  • 23 Apr 2025
    Listed for Sale Not Disclosed
  • 28 Feb 2025
    Sold for $4,400,000
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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.

Suburb Insights for Parwan 3340

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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.