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5 Meikle Street, Maddingley$318,000
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5 Meikle Street

Maddingley, VIC 3340, Australia
$318,000
409 m²

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About this property

Positioned in a practical and well-connected pocket of Maddingley, this 409m² (approx.) allotment presents an excellent opportunity for buyers seeking flexibility and long-term potential. The location is a genuine highlight. From here you can comfortably walk to the Bacchus Marsh train station, local shops, schools and everyday amenities, making it a convenient setting for both owner occupiers and future tenants alike. To the rear of the property lies the Werribee River corridor, providing a natural backdrop and a sense of openness that is increasingly difficult to find so close to the town centre. A key feature of the property is its Mixed Use zoning, which offers significantly more flexibility than standard residential land. Under the Victorian Planning Scheme, Mixed Use zoning can allow for a variety of residential and small-scale commercial uses (STCA), including the potential for a residence combined with professional rooms, consulting spaces, or other small business uses. For buyers considering development potential, the site may also offer scope for dual occupancy or multi-dwelling concepts (STCA). In addition, two electricity phases have been allocated to the property and are located within the service pit at the front of the block, available for connection at the time of construction. While not currently connected, this existing allocation may assist buyers exploring future development options. Blocks offering this level of location, versatility and future potential are becoming increasingly difficult to secure in established parts of Maddingley. Whether you're looking to build, invest, or explore future development possibilities (STCA), this is an opportunity well worth your consideration. (Photo ID is Required at all Open For Inspections) At YPA Bacchus Marsh Our Service Will Move You DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor/agent and agency.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
409 m²
Listed
3 months ago

Repayment calculator

$1,542/month
$771 /fortnight
Loan $254,400 at 6.10% over 30 years

Upfront costs

Deposit$63,600
Stamp duty$14,150
Conveyancing (est.)$2,000
Total upfront$79,750
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 Maddingley

This land in Maddingley, VIC 3340 sits within reach of public transport, local amenities. It is listed 52% below the $662,185 median of 68 comparable landswithin 5 km.

What's nearby

  • Unnamed (bus)186 m away
  • Unnamed528 m away
  • Peppertree Park656 m away
  • Unnamed769 m away

Maddingley at a glance

Full suburb profile
Population
5,491
Median age
33
Household income
$1,923/wk
Median rent
$366/wk
Median mortgage
$1,766/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Maddingley price trend

Median sold · House 4 bed

Compound growth +2.0% / yr over 4 yrs

$671kcurrent median

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

Full Maddingley market

Within 5km

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