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548 Morris Road, Truganina VIC 3029

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$1.2M - $1.32M High Confidence Calculated based on strong search observations.

Land 844 m²

Listed: 11th Aug 2026

Overview

This significant corner allotment spanning approximately 844 square metres offers a rare development opportunity in the flourishing suburb of Truganina. Its strategic position at the intersection of Leakes Road and Morris Road grants excellent exposure and accessibility, ideal for a variety of future uses subject to council approval, including retail or medical facilities.

Situated within the General Residential Zone (GRZ), the land combines residential amenity with the potential for commercial ventures, catering to developers, investors, or owner-occupiers seeking a versatile parcel in one of Melbourne's fastest-growing regions.

Truganina's rapid expansion fueled by new residential estates and industrial hubs enhances the property's value proposition, supported by convenient proximity to Tarneit Train Station, shopping centres, schools, parks, and other community amenities. The location provides an excellent balance of connectivity to Melbourne’s CBD and the benefits of suburban growth.

Investors and developers will appreciate the strong potential for value growth and redevelopment in a desirable growth corridor, while owner-occupiers with a vision for custom development will find a prime site with ample scope to realize their plans in a thriving community.

Local Market Insights

In Truganina, Quiet Listings observed 8 new parcels of land entering the market over the last 30 days, down from 12 during the previous 30-day period, with an average advertised asking price of $684,750. The property type mix of listed properties is predominantly Houses at 83%, followed by home for sales (5%), and commercial properties (4%). The most active agency for land in the Truganina area is currently Ray White, representing 63% of new listings, followed by The Eleet Wyndham City- Sachin Khera with 13%. 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.