765/525-535 Mcdonalds Road, South Morang, VIC 3752 | Property Value & History | OnTheHouse
OFF MARKET

765/525-535 Mcdonalds Road
South Morang VIC 3752

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Property Details for 765/525-535 Mcdonalds Rd, South Morang

Building Type
Land
Local Government
Whittlesea

Last Listing description (July 2023)

CBRE Melbourne Metropolitan Sales Team are pleased to present 'Plenty Valley Activity Centre', a prodigious infill activity centre landholding.

Spanning over an extraordinary 7.3ha*, this unrivalled opportunity offers buyers with a diverse consideration of land use and development options. More specifically, Plenty Valley Activity Centre comprises:


+7.3ha* Activity Centre Zone landholding ready for development

+Expansive multiple street frontages to McDonalds Road and Plenty Road offering prime exposure, access & egress and premium development siting

+Highly favourable development scope under the Plenty Valley Structure Plan (STPA)

+Positioned within South Morang's core Activity Centre precinct near to Westfield Plenty Valley Shopping Centre featuring Coles, Woolworths, ALDI and over 190 specialty stores

+ Immediately surrounded by an abundance of retail and lifestyle offerings including, Axis Lifestyle Centre (abutting the property), Bunnings (directly adjacent), Rivergum Village SC (250m*), Homeco (500m*), South Morang Train Station (1km*) and RMIT Bundoora (2.6km*)

+ Outstanding connectivity to Melbourne's CBD (16km*) via Plenty Road and to Melbourne Airport (18km*) via the Metropolitan Ring Road.

+ Located in one of the fastest-growing municipalities in Victoria, forecast to grow at an average of 2,800 new residents per annum driving housing demand.

*Approx.

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

David Minty
+61 422 564 199
david.minty@cbre.com.au

Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au

Property History for 765/525-535 Mcdonalds Rd, South Morang, VIC 3752

A timeline of how this property has performed in the market
  • 01 Aug 2022
    Listed for Sale Contact Agent
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About South Morang 3752

The size of South Morang is approximately 21.0 square kilometres. There are 70 parks, covering nearly 37.1% of the total area. The population of South Morang in 2016 was 24060 people. By 2021 the population was 24989 showing a population growth of 3.9% in the area during that time. The predominant age group in South Morang is 40-49 years. Households in South Morang are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Morang work in a professional occupation.In 2021, 76.00% of the homes in South Morang were owner-occupied compared with 76.90% in 2016.

South Morang has 11,352 properties. Over the last 5 years, Houses in South Morang have seen a 14.19% increase in median value, while Units have seen a 31.42% increase. As at 31 July 2026:

  • The median value for Houses in South Morang is $859,565 while the median value for Units is $561,184.
  • Houses have a median rent of $575 while Units have a median rent of $530.
There are currently 53 properties listed for sale, and 25 properties listed for rent in South morang on OnTheHouse. According to Cotality's data, 436 properties were sold in the past 12 months in South morang.

Suburb Insights for South Morang 3752

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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.