16 Wallace Avenue, Point Cook, VIC 3030 | Property Value & History | OnTheHouse
OFF MARKET

16 Wallace Avenue
Point Cook VIC 3030

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4058m2
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Property Details for 16 Wallace Ave, Point Cook

Building Type
Land
Land Size
4058m2
Local Government
Wyndham
Lot/Plan
7/PS300206

Last Listing description (October 2023)

CBRE is delighted to exclusively bring to market 16 Wallace Avenue and 22 Linmax Court, Point Cook for the first time in over 20 years.

This is the last ever opportunity to buy a development site facing the Princes Highway in Point Cook.


Property highlights include:

+ Exposure to over 140,000 passing cars daily
+ Site area: 5,831sqm*
+ 16 Wallace Avenue: 4,057sqm* (depth 87 metres*)
+ Frontage: 105.4 metres* (across Wallace Ave & Linmax Ct)
+ 22 Linmax Court: 1,774sqm*
+ Frontage: 12.44 metres* (depth 46 metres*)
+ Terrific location amongst popular commercial and residential catchment
+ Immediate access to Old Geelong Road, the largest bulky goods precinct in the country
+ Dual street frontage with drive through capability
+ Offers unrivalled exposure to thousands of cars daily to the Princes Highway
+ Immediate access to Williams Landing Train Station and shopping centre
+ Highly flexible and sought after Industrial 1 Zone
+ Endless development options

For further details on this outstanding opportunity, please do not hesitate to contact the exclusively appointed agents at CBRE.

*approx.

Property History for 16 Wallace Ave, Point Cook, VIC 3030

A timeline of how this property has performed in the market
Last Sold
$6,500,000
29 Jul 2024
  • 29 Jul 2024
    Sold for $6,500,000
  • 27 Oct 2020
    Listed for Sale Contact Agent
  • 25 May 1998
    Sold for $187,500
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About Point Cook 3030

The size of Point Cook is approximately 38.9 square kilometres. It has 97 parks covering nearly 27.7% of total area. The population of Point Cook in 2016 was 49929 people. By 2021 the population was 66781 showing a population growth of 33.8% in the area during that time. The predominant age group in Point Cook is 30-39 years. Households in Point Cook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Cook work in a professional occupation.In 2021, 65.50% of the homes in Point Cook were owner-occupied compared with 67.40% in 2016.

Point Cook has 27,125 properties. Over the last 5 years, Houses in Point Cook have seen a 29.16% increase in median value, while Units have seen a 20.91% increase. As at 30 November 2025:

  • The median value for Houses in Point Cook is $884,777 while the median value for Units is $611,359.
  • Houses have a median rent of $565 while Units have a median rent of $520.
There are currently 168 properties listed for sale, and 56 properties listed for rent in Point cook on OnTheHouse. According to Cotality's data, 1284 properties were sold in the past 12 months in Point cook.

Suburb Insights for Point Cook 3030

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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.