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Overview
Positioned on approximately 52 acres of prime, flat usable land, this exceptional property at 60 Mcleods Road in Diggers Rest presents a rare chance for developers, investors, or those seeking a spacious lifestyle property with significant growth potential. The substantial land size offers a versatile canvas for a variety of purposes, including potential development projects or agricultural pursuits.
The existing three-bedroom residence provides a charming and functional home amid this sprawling acreage, complemented by multiple sheds that enhance the property's practicality for storage or hobby farming. Connected to both NBN and town water, the property meets essential modern infrastructure needs, ensuring convenience and connectivity.
Its location is notably strategic, offering sealed road access and proximity to Melbourne’s Central Business District, approximately 30 minutes away. Easy access to the Calder Freeway and the pending Outer Ring Road exit increase its appeal for commuting and future value uplift. The property lies near the Diggers Rest and Sunbury South Precinct Structure Plan (an Urban Growth Area), positioning it advantageously within an area earmarked for development and rising demand.
- Conveniently close to Watergardens Shopping Centre and a local metro train station, facilitating easy access for shopping and transport;
- Near schools and a variety of local amenities, supporting family-focused living needs;
- The flat terrain and large land area offer multiple options for land use and improvements based on the buyer’s vision;
- Flexible settlement terms provide buyer-friendly purchasing conditions.
This property is ideal for those seeking a long-term investment in a growth corridor with a combination of lifestyle benefits and future development prospects. Whether acquired as a residential lifestyle block, a developmental site, or an investment asset, it leverages its significant land size and enviable location to offer diverse opportunities.
Local Market Insights
In Diggers Rest, Quiet Listings observed 12 new houses entering the market over the last 30 days, unchanged from 12 in the prior period, with an average advertised asking price of $1,043,250. The property type mix of listed properties is predominantly Houses at 86%, followed by units (7%), and townhouses (7%). The most active agency for houses in the Diggers Rest area is currently Raine & Horne, representing 42% of new listings, followed by Ray White with 33%. 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.
Change History
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Location
Market Insights for Diggers Rest VIC 3427
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