Raine & Horne Land Victoria is proud to present 473-503 Harkness Road, Melton West-an exceptional opportunity to secure a substantial landholding with extensive frontage to Harkness Road. Situated within the Urban Growth Zone (UGZ) under the Melton West Precinct Structure Plan (PSP), this property offers outstanding future residential development potential.
Located just two lots from the established Arnold Creek Estate, the site is surrounded by well-established residential communities, quality schools, parklands, and essential amenities. Its strategic position within the City of Melton-an area forecast to more than double in population by 2051-underpins strong long-term demand and capital growth prospects.
This significant land parcel, combined with flexible settlement terms, presents an ideal opportunity for developers, land bankers, and forward-thinking investors seeking a high-performing asset in a key growth corridor.
Join some of Melbourne's leading developers, including 3L Alliance, V-Leader, Pelligra,Melrose Land Sales and Resimax, in shaping a future master-planned community in Melbourne's west.
Key location highlights:
• Minutes from Melton Town Centre
• 4 Bedroom House on the property
• Potiential to Yield over 200 PLUS Residential Lots
• Approximately 10 minutes to Melton Railway Station
• Close to Minns Road and Bulmans Road PSP
• Near Woodgrove Shopping Centre
• In proximity to the future Toolern Town Centre
• Approximately 50 km from Melbourne CBD
The property also benefits from its proximity to a future town centre anchored by Coles, as well as the recently upgraded Woodgrove Shopping Centre, home to major retailers including Coles, Woolworths, Aldi, Kmart, and Big W.
Positioned in one of Melbourne's fastest-growing corridors-driven largely by owner-occupiers, particularly young families and first-home buyers-the area has recorded population growth of nearly 25% over the past five years.
This is a rare opportunity to secure a strategically located, large-scale development site in a proven high-growth area with exceptional long-term fundamentals. 473-503 Harkness Road represents a compelling investment opportunity not to be missed.
The City of Melton's population is projected to reach approximately 254,482 by 2026 and grow to around 455,980 by 2046.
Key infrastructure and development projects in the region include:
• A new Melton Hospital, with an investment of approximately $1 billion, currently under construction in nearby Cobblebank to service the broader Melton West region
• The $15 billion Toolern Metropolitan Activity Centre
• A major upgrade to the Western Highway between Melton and Caroline Springs, backed by a $1 billion investment to enhance connectivity and improve travel times to Melbourne's CBD.
Expressions of Interest closing
Monday 4th May, 2026 at 5:00pm (AEST)
For further details, please contact: Harvir Hans - 0421 452 651 or Wendy Kaur at 0424 524 420.
DISCLAIMER: All stated dimensions are approximate. Information provided is for general purposes only and does not constitute representation by the vendor or agent. Please refer to the Victorian Government's Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist
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