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8 Wattletree Road
Bunyip, VIC 3815

Expressions Of Interest

Land Size: 40900 sqm
Property Type: Land
Last Updated: 24 Mar 2026
Overview

8 Wattletree Road, Bunyip VIC 3815

This exceptional permit-approved development opportunity is located in the heart of Bunyip, Victoria, ideally positioned between Pakenham and Officer to the west, and the rapidly growing Drouin and Warragul Regional Growth Areas to the east. The property at 8 Wattletree Road offers a rare chance to secure a substantial residential development site within an established township setting.

The site comprises approximately 4.09 hectares (40,900 square meters) and benefits from an approved planning permit for a staged 30-lot subdivision, providing immediate planning certainty in a tightly held pocket. This makes it an attractive investment for developers seeking a well-located and permit-ready project.

Strategically positioned within Bunyip’s established residential area, the site lies between two of south-east Victoria’s most active growth fronts. To the west, Melbourne’s expanding south-east corridor continues to extend through Cardinia, while to the east, Drouin and Warragul are emerging as significant regional growth centres, supported by strong population growth, infrastructure investment, retail amenities, and employment opportunities.

The property benefits from excellent transport connectivity, including convenient access to the Princes Highway, Bunyip Train Station, and the broader Gippsland rail corridor. This accessibility enhances the appeal of the development site for future residents.

Nearby schools, retail outlets, recreational facilities, and community infrastructure further contribute to the location’s desirability, making 8 Wattletree Road well placed to meet ongoing demand for residential lots in a corridor increasingly recognized for its semi-regional character, liveability, and growth potential.

Key Investment Highlights:

  • Permit approved for a 30-lot residential subdivision
  • Approximately 4.09 hectares within Bunyip’s established township
  • Average lot size of approximately 730 square meters
  • Zoned General Residential Zone Schedule 1 (GRZ1)
  • Extensive frontage of approximately 96 meters to Wattletree Road and 277 meters to Petty Road
  • Strategically located between Melbourne’s south-east growth corridor and the expanding Drouin–Warragul growth axis
  • Strong connectivity to the Princes Freeway and Bunyip Train Station

The property is offered for sale by Expressions of Interest, closing Wednesday 22 April 2026 at 4pm.

Location
8 Wattletree Road
Bunyip VIC 3815
Market Insights for Bunyip VIC 3815
New Listings (last 30 days)
7
Average price
$1,300,000
Lowest price
$580,000
Highest price
$2,400,000
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* 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.