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Overview
Located within Victoria's burgeoning Northern Regional growth corridor, this expansive landholding presents a rare and strategic opportunity for those looking to capitalise on future development potential. Situated opposite established residential areas and integrated within the Adopted Kilmore Structure Plan, the property covers approximately 16.83 acres (around 68,128 square metres), offering substantial space for diverse uses subject to council approvals.
At the heart of this rural asset is a four-bedroom dwelling, providing immediate lifestyle possibilities amidst a Farming Zone that carries promising prospects for rezoning. The position affords convenient accessibility, being about 45 minutes from Melbourne Airport and key employment hubs, which enhances its appeal to developers, investors, land bankers, and owner-occupiers alike.
The locale is well-serviced, with educational facilities such as Kilmore Primary School and Assumption College within a short drive, alongside retail amenities including major supermarkets and popular food outlets. Nearby healthcare facilities and recreational options further complement the offering, making it suitable for a range of future developments or as a lifestyle holding amidst an area forecasted for significant population growth.
Potential buyers are encouraged to undertake thorough due diligence, particularly regarding zoning, overlays, and planning regulations, to fully assess the versatile development pathways this land can offer. This property stands out as a forward-thinking investment, primed to leverage Mitchell Shire’s projected growth and demand shifts in the coming decades.
Local Market Insights
In Kilmore, Quiet Listings observed 26 new houses entering the market over the last 30 days, up from 16 during the previous 30-day period, with an average advertised asking price of $1,662,893. The property type mix of listed properties is predominantly Houses at 58%, followed by land (38%), and duplexes (2%). Universal Real Estate Vic North was the most active agency in this area, representing 31.1% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Kilmore VIC 3764
Market Insights for Kilmore VIC 3764
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.