Shifting boundary brings windfall after 30 years
The 10-hectare parcel on Taylors Road in Plumpton was reportedly bought by Lawport Property Group, the developer behind several residential estates in the nearby suburb of Taylors Hill.
The property is located within the Taylors Hill West precinct structure plan after being incorporated into the urban growth boundary in 2005, significantly boosting its value.
Title records show the land was purchased by Phyllis Debono for $50,000 in 1983.
Biggin & Scott Commercial & Land agent Frank Nagle said the "good old-fashioned" auction attracted interest from six bidders and the property was declared on the market at $6 million.
"It's a classic infill site, which is in the midst of estates already under way by Lawport and Villawood Properties," said Mr Nagel, who sold the property along with Andrew Egan.
"There were also no planning concerns. Because of the PSP, you know what you can do with this land - there's no discussion about it."
Lawport is believed to be planning to build a 100-plus allotment residential subdivision on the site, which is located just north-west of Caroline Springs. The PSP has designated about four hectares of the property as active open space.
Lawport directors Anthony Porto and Stephen Lawes could not be reached for comment.
cvedelago@theage.com.au Twitter: @chrisvedelago
Frequently Asked Questions about this Article…
A 10-hectare development site on Taylors Road in Plumpton sold this week for about $7.54 million. The land was originally bought for $50,000 in 1983, so the sale — driven by its inclusion in the urban growth boundary and the Taylors Hill West precinct structure plan — is being described as a windfall for the private landowner and a clear example of how planning changes can sharply boost land value.
The site was incorporated into the urban growth boundary in 2005 and placed inside the Taylors Hill West precinct structure plan. That planning inclusion gave development certainty about permitted uses, which significantly increased the land’s market value and made it attractive to developers.
Lawport Property Group, the developer behind several Taylors Hill estates, reportedly bought the 10-hectare site. Lawport is believed to be planning a residential subdivision of more than 100 allotments; the precinct structure plan also designates about four hectares of the property as active open space.
The Taylors Hill West PSP clarifies what can be done with the land—reducing planning uncertainty—and sets aside roughly four hectares as active open space. For developers and investors, a PSP provides clear rules and expectations, making projects easier to plan and market.
Yes. Biggin & Scott Commercial & Land agent Frank Nagel said a traditional auction attracted interest from six bidders. The property was declared on the market at $6 million during the sale process and ultimately sold for about $7.54 million.
The agent described it as a “classic infill site” because it sits amid existing and under‑way residential estates (including projects by Lawport and Villawood Properties). Infill sites close to established or growing suburbs often appeal to developers and home buyers, which can increase demand and value for investors focused on residential development opportunities.
Title records show the land was purchased by Phyllis Debono in 1983 for $50,000. It remained in private ownership until the recent sale about 30 years later, when it fetched roughly $7.54 million after being included in the urban growth boundary and PSP.
This sale highlights how changes to planning boundaries and inclusion in a precinct structure plan can transform the value of land over time. For everyday investors, it’s a reminder that long‑term land holdings near growth corridors can produce significant returns when planning certainty and developer interest align — though such outcomes depend on timing, location and official planning decisions.
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