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Melaluka Road

Leopold, VIC 3224, Australia

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About this property

This prime 14.5-acre parcel in Leopold presents a unique opportunity for future development. Strategically located near Gateway Plaza, the site offers excellent accessibility and visibility, making it ideal for a variety of potential uses including commercial, residential, or mixed-use developments (STPA). Key Features: Size: 14.5 acres of flat, usable land with a 3 bedroom house. Location: Proximity to Gateway Plaza & Bellarine Highway enhancing connectivity to Melbourne & Geelong. Surrounding Area: Diverse community with established residential neighborhoods, businesses, and recreational facilities, ensuring steady demand for new developments. This property represents a compelling investment opportunity in a growing area. Whether you're looking to develop or landbank, this site offers the flexibility and potential to meet your vision. If you would like more information, including detailed property specifications, potential use cases and pricing details, please do not hesitate to reach out. DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist

Property Details

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

Repayment calculator

$3,384/month
$1,692 /fortnight
Loan $558,400 at 6.10% over 30 years

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

Upfront costs

Deposit$139,600
Stamp duty$36,950
Conveyancing (est.)$2,000
Total upfront$178,550
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)809 m away
  • Rolling Pin990 m away
  • Unnamed180 m away
  • Unnamed443 m away
  • Estuary Boulevard Reserve610 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

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