Back 43 Redwood Drive
Off Market

43 Redwood Drive

Hoppers Crossing VIC 3029

7001 m²
Land
Last sold for $2,130,000
Pratik ShahPratik Shah, last sold this property on 07 May 2026 after 98 days on market.

Overview

Exceptional Large-Scale Landholding!

Opportunities of this caliber are becoming increasingly rare. Set within one of Melbourne's most established and tightly held western suburbs, 43 Redwood Drive, Hoppers Crossing presents an exceptional chance to secure approximately 7,001 sqm of prime, build-ready land. This is a standout offering for experienced buyers seeking scale, flexibility, and long-term upside in a location with proven demand and diminishing supply. This acreage-scale allotment provides a blank canvas of significant proportions - ideal for those with vision. Whether your strategy is to create a landmark private estate, pursue a carefully considered multi-dwelling or subdivision outcome (STCA), or secure a strategic land-banking asset, this parcel offers options that are simply no longer common in Hoppers Crossing. Blocks of this size are exceptionally uncommon in the area. Recent transactions of nearby large parcels, including a 6,000 sqm holding on Redwood Drive, reinforce just how tightly held and sought after substantial land assets have become. Once opportunities like this are absorbed, replacement stock is virtually nonexistent. Positioned approximately 25 km from Melbourne's CBD, Hoppers Crossing continues to benefit from strong buyer demand driven by its strategic location within Melbourne's western growth corridor. Excellent transport connectivity, established retail precincts, quality schools, and proximity to major employment hubs all combine to support ongoing capital growth and long-term value. Key Opportunities Include: • Prestige single-residence estate Design and deliver a substantial home with expansive outdoor living, landscaping, and lifestyle amenities rarely achievable within suburban Melbourne. • Development potential (STCA) Explore multi-dwelling or subdivision outcomes in a suburb where land size is a critical constraint for new supply. • Strategic investment / land banking Secure a high-quality asset in a location where large undeveloped lots are rapidly disappearing. Large, undeveloped landholdings in Hoppers Crossing are in short and shrinking supply. The majority of available parcels are significantly smaller, making this offering particularly compelling for buyers who understand the value of scale, scarcity, and long-term positioning. This is not just land, it's opportunity at a scale that is no longer being created. Please see the link below for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist 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.

Features

7001 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Hoppers Crossing over the last 12 months, the estimated median property value of 43 Redwood Drive is $842k.

Median value
$842k
Estimated value range
$482k - $2.4m
Median days on market
87
Estimated value trend
28%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Hoppers Crossing. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 43 Redwood Drive

2026
Sold
$2,130,000
07 May 2026 by Pratik Shah, of Reliance Real Estate Werribee

Happy sellers in Hoppers Crossing

92%
92% of sellers in Hoppers Crossing reported that their sale price either exceeded or met their price expectations.

Hoppers Crossing stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 144 reviews in Hoppers Crossing over the last 12 months.

Local market activity for land plots in Hoppers Crossing

In the last 12 months, 11 land plots similar to 43 Redwood Drive, have been sold.

This represents a 31% increase in land plots sales when compared to the previous 12 months.

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