Prime 448m² Opportunity in a Growing Truganina Location

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4 Colachi Road, Truganina VIC 3029

$495,000-$545,000

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$495k - $520k Transparent Transparent Listing Based on an openly advertised listing price.

Land 448 m²

Listed: 51 days ago

Updated: 33 days ago

Overview

This property offers an exceptional 448 square meter parcel of land strategically positioned in the expanding suburb of Truganina. Ideally suited for homeowners, builders, and investors, it presents a rare chance to design and establish a bespoke residence or pursue potential development opportunities subject to council approval (STCA).

Set within a flourishing residential community, the land is surrounded by both established homes and new developments, underscoring its appeal in a rapidly growing market. The location provides easy access to essential amenities including local schools, childcare, shopping centres, parks, and comprehensive transport links, facilitating a convenient lifestyle.

Positioning within this vibrant community ensures the buyer is well-placed to benefit from ongoing growth and development of the western Melbourne corridor. The property also benefits from a low-risk profile with no notable flood, bushfire or heritage overlays, based on available information.

Substantial 448m² land allotment offering ample space for diverse home designs.
Opportunity to build a dream home tailored to individual requirements.
Potential for development or investment subject to council approval.
Located amidst a dynamic and growing residential area.
Close proximity to schools, childcare, retail, recreational facilities and transport infrastructure.
Secure your future in one of Melbourne's thriving western suburbs with strong growth prospects.

Overall, this land parcel represents a versatile and promising investment in Truganina, meeting a broad range of buyer needs from first-home builders to investors. The combination of size, location, and community amenities ensures the allotment stands out as a valuable opportunity within this competitive market.

Prospective buyers are encouraged to conduct their own due diligence and seek relevant approvals for any development plans. This property is an invitation to create a customised living environment in a sought-after growth corridor.

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.