Situated approximately 50 kilometres West of the Melbourne CBD, the opportunity has presented itself to acquire an outstanding lifestyle/land banking investment in the rapidly expanding western growth corridor of Melbourne.
Positioned on a generous 25 acre (10 hectare) holding, the property enjoys a comfortable 3 bedroom home (all with built in robes) set in a native garden setting, incorporating open plan kitchen/living area, main bathroom, laundry and access to a fully lockable double garage.
Other features include a dated stable complex, menage, 3 shelter sheds, lockable storage shed, large dam and mains water.
The size of Toolern Vale is approximately 96.4 square kilometres. There is 1 park, covering nearly 6.7% of the total area. The population of Toolern Vale in 2016 was 724 people. By 2021 the population was 818 showing a population growth of 13.0% in the area during that time. The predominant age group in Toolern Vale is 60-69 years. Households in Toolern Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toolern Vale work in a trades occupation.In 2021, 86.10% of the homes in Toolern Vale were owner-occupied compared with 87.00% in 2016.
Toolern Vale has 398 properties. Over the last 5 years, Houses in Toolern Vale have seen a 18.61% increase in median value. As at 30 June 2026:
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