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292-320 Melaluka Road

Leopold, VIC 3224, Australia

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About this property

An outstanding opportunity to acquire a significant parcel of land in one of Leopold's most promising growth corridors. This 40.75 acre site is located within the Leopold Structure Plan's "Investigation Area", making it well-positioned for potential future rezoning and development (STCA). The property also includes a 3-bedroom home, surrounded by established gardens-offering an immediate lifestyle or rental opportunity while land banking for the future. Key Highlights: * Strategic location just off Bellarine Highway * Moments from Gateway Plaza Leopold and under 15 minutes to Geelong CBD *Situated across from established residential zoning * Surrounded by major retailers including Kmart, Bunnings, and others Recent rezoning of nearby farming land on Ash Road to General Residential Zone (GRZ) reflects strong development momentum in the area Leopold's population currently exceeds 13,500, with projected growth of 35% over the next decade. This is a rare and strategic investment opportunity in a high-growth regional market with substantial future upside. Call Romy Gakhar on 0430 521 119 for further details!!! Disclaimer: Interested parties should conduct their own Due Diligence prior to making any offers. Due Diligence Checklist - http://www.consumer.vic.gov.au/duediligencechecklist

Property Details

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

Repayment calculator

$3,340/month
$1,670 /fortnight
Loan $551,200 at 6.10% over 30 years

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

Upfront costs

Deposit$137,800
Stamp duty$36,410
Conveyancing (est.)$2,000
Total upfront$176,210
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 Leopold

This land in Leopold, VIC 3224 sits within reach of public transport, local shops and nearby schools.

Schools near Leopold

  • Leopold Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Heytesbury Drive/Warrawee Road (bus)1.4 km away
  • Rolling Pin1.6 km away
  • Unnamed156 m away
  • Unnamed416 m away
  • Estuary Boulevard Reserve580 m away

Leopold at a glance

Full suburb profile
Population
13,272
Median age
41
Household income
$1,589/wk
Median rent
$375/wk
Median mortgage
$1,603/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Leopold price trend

Median sold · House 3 bed

Compound growth +0.7% / yr over 4 yrs

$665kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Leopold market

Within 5km

Nearby Properties

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