225 Summerhill Road, Wollert, VIC 3750 | Property Value & History | OnTheHouse
OFF MARKET

225 Summerhill Road
Wollert VIC 3750

Bedrooms: -
Bathrooms: 1
Car spaces: 4
Land area: 287353m2
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Property Details for 225 Summerhill Rd, Wollert

Building Type
Commercial
Land Size
287353m2
Local Government
Whittlesea
Lot/Plan
1/TP709604

Last Listing description (February 2017)

An Excellent Opportunity not to be Missed!
This 140 acres delivering one of the largest development site currently on offer in City of Whittlesea under PSP Wollert to be approved on the early months of 2017 according to City of Whittlesea Planning Department.
A once in a life-time opportunity for an astute developer looking to take full advantage of a blue chip location. It is central to soon to be Wollert Shopping Strip, primary school, restaurants and other amenities S.T.C.A.

It presents the possibility to enjoy lucrative land developments, sales or rental returns while looking at options for multi-unit development for medium density subject to P.S.P. Wollert' MPA approval.
*** Potential rental income while pursuing plans and permits (S.T.C.A.)
*** Potential multiple options for land development (S.T.C.A.)
Note: All keen parties shall conduct their own diligence prior to making any submissions or contact Mila Congrene on 0438 717 011 for further information.
Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 225 Summerhill Rd, Wollert, VIC 3750

A timeline of how this property has performed in the market
Last Sold
$28,500,000
26 May 2017
  • 26 May 2017
    Sold for $28,500,000
  • 25 Jan 2017
    Listed for Sale Contact Agent
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About Wollert 3750

The size of Wollert is approximately 54.4 square kilometres. There are 30 parks, covering nearly 9.8% of the total area. The population of Wollert in 2016 was 9060 people. By 2021 the population was 24407 showing a population growth of 169.4% in the area during that time. The predominant age group in Wollert is 30-39 years. Households in Wollert are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wollert work in a professional occupation.In 2021, 73.80% of the homes in Wollert were owner-occupied compared with 76.50% in 2016.

Wollert has 19,534 properties. Over the last 5 years, Houses in Wollert have seen a 20.02% increase in median value, while Units have seen a 32.49% increase. As at 30 April 2026:

  • The median value for Houses in Wollert is $780,986 while the median value for Units is $582,902.
  • Houses have a median rent of $580 while Units have a median rent of $510.
There are currently 241 properties listed for sale, and 74 properties listed for rent in Wollert on OnTheHouse. According to Cotality's data, 1460 properties were sold in the past 12 months in Wollert.

Suburb Insights for Wollert 3750

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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.