697 East West Road
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About this property
"Opportunities like this don't just knock; they practically break down the front door." Positioned on the edge of regional Victoria's most talked about growth corridors, 697 East West Road presents a massive footprint for forward thinking investors. Spanning a substantial 21.45 hectares (approximately 53 acres) this premium acreage sits directly adjacent to Warragul's official Urban Growth Zone. It puts you in the driver's seat of the area's upcoming expansion. Warragul is experiencing a rapid evolution, with the local Precinct Structure Plan (PSP) mapping out thousands of new homes, fresh retail hubs, schools and extensive parklands across the region. Securing a massive parcel right on the perimeter of this development wave is a classic layout for a highly lucrative land bank strategy. While you map out the future, the property keeps options wide open. It features rolling pastures currently suited for rural and farming pursuits. Keep it as a steady earner, manage a farm or lease the land out to local primary producers while the surrounding urban border moves right to your doorstep. Location wise, you get the absolute best of both worlds. The property feels entirely peaceful, wrapped in the signature green hills of West Gippsland, yet the thriving heart of Warragul Town Centre and the V/Line Railway Station sit only a brief drive away. Commuters and logistics are fully looked after with straightforward, easy access to the Princes Highway, keeping Melbourne highly accessible. The growth trajectory for the Baw Baw Shire shows no signs of slowing down. Regional migration continues to climb and major infrastructure upgrades are actively rolling out to support the rising population. Properties of this scale, boasting this specific geographical advantage, rarely stay unattached for long. Step out ahead of the market, secure your slice of West Gippsland's future and let time do the heavy lifting. Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Land Area
- 21.43 ha
- Listed
- 4 weeks ago
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Neighbourhood
Living in Warragul
This land in Warragul, VIC 3820 sits within reach of public transport, local shops and nearby schools. It is listed 67% above the $1.05m median of 75 comparable landswithin 5 km.
Schools near Warragul
- St Paul's Anglican Grammar School - Warragul Campuscombined · Prep-12 · CoEd
- Warragul & District Specialist Schoolcombined · U · CoEd
- St Angela of the Cross Primary Schoolprimary · Prep-6 · CoEd
- St Joseph's Schoolprimary · Prep-6 · CoEd
- Warragul North Primary Schoolprimary · Prep-6 · CoEd
- Warragul Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Hazel Dr/Albert Rd (bus) — 3.3 km away
- Cellarbrations — 2.6 km away
- Unnamed — 3.4 km away
- Unnamed — 3.7 km away
- Unnamed — 3.7 km away
Warragul at a glance
Full suburb profile- Population
- 19,856
- Median age
- 40
- Household income
- $1,563/wk
- Median rent
- $321/wk
- Median mortgage
- $1,625/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Warragul price trend
Median sold · House 4 bed
Compound growth +0.4% / yr over 4 yrs
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Full Warragul marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
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