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210-234 Paynes Road

Rockbank, VIC 3335, Australia

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About this property

30 Acres .Approx Just 30 minutes from Melbourne CBD. Suitable for around 200 lots residential sub-division In close proximity to the upcoming Thornhill Train station. It is located in a strong performing housing corridor. It is within very close proximity of the new Thornhill Park Estate. Paynes road PSP; Paynes Road Precinct Structure Plan (âthe PSPâ) has been prepared by the Metropolitan Planning Authority (MPA) in consultation with Melton City Council and with the assistance of Government agencies, service authorities and major stakeholders. The PSP applies to approximately 199 hectares of land located approximately 30 kms from Melbourne CBD. The plan is an amendment to the incorporate Toolern Precinct Structure Plan, and formally referred to as PSP 31.2 Toolern Precinct Structure Plan, Part C. The PSP changes the future land use to residential from the employment-based zoning applied under the Toolern PSP, a revised land use outcome established by the West Growth Corridor Plan. Residential development in PSP will provide a superior interface with Western Freeway & increase accessibility to rail network. The west Growth Corridor Plan established large areas of future employment land in Mt Atkinson and Tarneit. The precinct is bounded by western Highway to north, Paynes Road to east, Mount Cottrell Road to west and the Melbourne-Ballarat Corridor to south. It is within Melbourneâs West Growth Corridor. The land comprises of 4 bedrooms, 2 bathrooms & Double garage house featuring living area & decent size kitchen. One of the great opportunities to invest in land banking in the vicinity of established townships. Vendors will consider reasonable offers! For further details; Contact Manpreet Dandiwal on 0433 413 927

Property Details

Property Type
land
Listing Type
For Sale
Land Area
12.14 ha
Listed
3 months ago

Repayment calculator

$3,005/month
$1,503 /fortnight
Loan $495,901 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$123,975
Stamp duty$32,263
Conveyancing (est.)$2,000
Total upfront$158,238
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Rockbank

This land in Rockbank, VIC 3335 sits within reach of public transport, and nearby schools.

Schools near Rockbank

  • Rockbank Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Leakes Road/Western Freeway (bus)1.5 km away
  • Unnamed1.3 km away
  • Unnamed1.5 km away
  • Unnamed1.5 km away

Rockbank at a glance

Full suburb profile
Population
2,583
Median age
31
Household income
$1,781/wk
Median rent
$360/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Rockbank price trend

Median sold · House 4 bed

Compound growth -0.2% / yr over 4 yrs

$660kcurrent median

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Full Rockbank market

Within 5km

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