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Overview
Set within the Kilmore structure plan area, this expansive 40-acre site offers a unique opportunity for future residential development, subject to council approval. The property is strategically located just minutes from the Kilmore town centre, providing easy access to essential amenities including top-tier educational institutions such as St Patrick Primary School and Assumption College. Proximity to recreational facilities like the Kilmore Racecourse and Golf Course, as well as health services at Kilmore Hospital, adds significant lifestyle appeal.
Offering a 3-bedroom family home with two bathrooms and living spaces designed for comfortable daily living, this property presents multiple options for land bankers and developers alike. The significant rise in Kilmore’s median property values over five years, alongside notable shifts in land median prices, underscores the potential for strong capital growth.
- Ample land size ideal for large scale residential development or land banking
- Conveniently located near schools, transport hubs, and local amenities
- Suitable for investors, developers, or those seeking a spacious lifestyle property
The location benefits from its accessibility to Melbourne's CBD, approximately 59 km away, while being close to emerging growth corridors like Future Merrifield City and Melbourne Airport, making it a compelling prospect for future-focused buyers.
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.
