470-478 Point Cook Road, Point Cook, VIC 3030 | Property Value & History | OnTheHouse
OFF MARKET

470-478 Point Cook Road
Point Cook VIC 3030

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 153m2
Land area: 40460m2
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Property Details for 470-478 Point Cook Rd, Point Cook

Building Type
Rural
Year Built
1988
Floor Size
153m2
Land Size
40460m2
Local Government
Wyndham
Lot/Plan
3/LP128027

Last Listing description (March 2026)

Aviators Field PSP (PS1207): Your Strategic Development Gateway
CHN POINT COOK is proud to present this exceptional 4-hectare (approx. 10-acre) site, representing one of the last significant development opportunities in Point Cook. Strategically located within the Aviators Field Precinct Structure Plan (PS1207), this landholding is a cornerstone of the Victorian Government's 10-year plan for Melbourne's greenfields.

This property is positioned within a clear development pipeline, identified with afuture development horizon of 2029-2034. This provides a strategic, forward-looking investment opportunity with a defined timeline for activation, offering certainty for sophisticated investors and developers.

Dual-Path Development Potential (STCA)
This land presents a rare opportunity to pursue one of two compelling development pathways, subject to council approval, allowing for flexible investment strategies.

Potential Development Pathway
1. Residential Subdivision
-Concept plan for ~80 residential lots (STCA)
-Proven market demand in a high-growth corridor

2. Indoor Sports & Community Centre
-Addresses identified community need: new sporting clubs for Point Cook
-Potential for facilities like sports halls, courts, changerooms, and community rooms
-Serves a growing and undersupplied local population

Unbeatable Locational Amenity
Positioned approximately28 kilometressouth-west of the Melbourne CBD and just4km from the Point Cook Town Centre, the property offers strong convenience and lifestyle appeal for future residents:
-High-Exposure Frontageto Point Cook Road for excellent exposure and access.
-Proximity to Key Destinations: Approximately 2km from Sanctuary Lakes Shopping Centre and 1.6km from sports clubs at Saltwater Reserve.
-Natural Asset: Directly across the road from the Point Cook Coastal Park.
-Transport Access: Approximately 5.45km from Williams Landing Train Station.

Your Strategic Development Play
This is a prominent development opportunity in a maturing market. The site is ready to capitalise on the next phase of Point Cook's growth, whether by adding to the housing supply or fulfilling a critical need for community sports infrastructure.

Key Highlights:
-Total Land Area: 40,469 sqm, 10-Acre (approx.)
-Dual Development Potential: Strong outlook for either residential lots or a community sports centre (STCA).
-Prime Location: 4km from Point Cook Town Centre, 28km from Melbourne CBD.
-High-Exposure Frontageto Point Cook Road.

Disclaimer:All information regarding lot yield, development potential, and concept plans is provided for informational purposes only and is Subject to Council Approval (STCA). Prospective purchasers must make their own enquiries.

Property History for 470-478 Point Cook Rd, Point Cook, VIC 3030

A timeline of how this property has performed in the market
Last Sold
$3,150,000
26 Feb 2015
Listed for Rent
$350/w
20 Aug 2008
  • 13 Mar 2026
    Listed for Sale Contact Agent
  • 06 Oct 2025
    Listed for Sale Contact Agent
  • 20 Jun 2023
    Listed for Sale Not Disclosed
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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 27,119 properties. Over the last 5 years, Houses in Point Cook have seen a 27.13% increase in median value, while Units have seen a 28.48% increase. As at 28 February 2026:

  • The median value for Houses in Point Cook is $903,482 while the median value for Units is $630,169.
  • Houses have a median rent of $570 while Units have a median rent of $520.
There are currently 181 properties listed for sale, and 61 properties listed for rent in Point cook on OnTheHouse. According to Cotality's data, 1285 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.