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Development Sites in Melbourne from Development Ready

6 Lord Street, Doncaster East, VIC 3109

  • Development Potential: options for future townhouse development (STCA).
  • Id: #6844
  • Contact Agent
  • Contract: Sale
  • Location: DONCASTER EAST, VIC 3109
  • Area: 754 m2 (*approx)
  • Type: Commercial,
  • $ 1 550 000
  • Message Agent

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Doncaster, VIC 3108

  • Development Potential: first-class opportunity to build a trendy development (STCA)
  • Id: #6846
  • Contact Agent
  • Contract: Sale
  • Location: DONCASTER, VIC 3108
  • Area: 1872 sqm (*approx)
  • Type: Residential,
  • POA
  • Message Agent

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16 George Street, Hawthorn, Vic 3122

  • Development Potential: Highly suitable to student accommodation (STCA).
  • Id: #6845
  • Contact Agent
  • Contract: Sale
  • Location: HAWTHORN, VIC 3122
  • Area: 445 sqm (*approx)
  • Type: Residential,
  • EOI
  • Message Agent

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37 Elphin Grove, Hawthorn, Vic 3122

  • Development Potential: Potential to sub-divide or redevelop (STCA)
  • Id: #6842
  • Contact Agent
  • Contract: Sale
  • Location: HAWTHORN, VIC 3122
  • Area: 640 sqm (*approx)
  • Type: Residential,
  • Auction
  • Message Agent

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5 Sutton St, South Kingsville, Vic 3015

  • Development Potential: Ideal medium density development for townhouses and/ or apartments (STCA)
  • Id: #6838
  • Contact Agent
  • Contract: Sale
  • Location: SOUTH KINGSVILLE, VIC 3015
  • Area: 8082 sqm (*approx)
  • Type: Residential,
  • EOI
  • Message Agent

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64 Tyne Street Box Hill North Vic 3129

  • Development Potential: The possibility to build 2, 3 or 4 townhouses (STCA)
  • Id: #6837
  • Contact Agent
  • Contract: Sale
  • Location: BOX HILL NORTH, VIC 3129
  • Area: 1012 sqm (*approx)
  • Type: Residential,
  • Auction
  • Message Agent

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16 Jingella Avenue Ashwood Vic 3147

  • Development Potential: offering powerful potential to renovate, subdivide or build your dream home (STCA)
  • Id: #6836
  • Contact Agent
  • Contract: Sale
  • Location: ASHWOOD, VIC 3147
  • Area: 693 sqm (*approx)
  • Type: Residential,
  • Auction
  • Message Agent

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147-149 The Parade, ASCOT VALE, VIC 3032

  • Development Potential: Plans lodged for a premium residential project comprising 9 townhouses
  • Id: #6833
  • Contact Agent
  • Contract: Sale
  • Location: ASCOT VALE, VIC 3032
  • Area: 1617 m2 (*approx)
  • Type: Commercial,
  • EOI
  • Message Agent

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43-45 Kokaribb Road, CARNEGIE, VIC 3163

  • Development Potential: Ideal location for townhouses or apartments (STCA)
  • Id: #6834
  • Contact Agent
  • Contract: Sale
  • Location: CARNEGIE, VIC 3163
  • Area: 1267 m2 (*approx)
  • Type: Residential,
  • Auction: Public Auction on Saturday 20 May at 1pm on-site
  • Message Agent

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11-33 Sommeville Drive, ROXBURGH PARK, VIC 3064

  • Development Approved: 53 townhouses
  • Id: #6832
  • Contact Agent
  • Contract: Sale
  • Location: ROXBURGH PARK, VIC 3064
  • Area: 6483 m2 (*approx)
  • Type: Residential,
  • EOI
  • Message Agent

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142-146 Andersons Creek Road, Doncaster East, Vic 3109

  • Development Approved: 34 high quality townhouses including 33 three-story & 1 two-story dwellings
  • Id: #6747
  • Contact Agent
  • Contract: Sale
  • Location: DONCASTER EAST, VIC 3109
  • Area: 4042 sqm (*approx)
  • Type: Residential,
  • Auction
  • Message Agent

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98-102 Albert Street, Brunswick East, Vic 3057

  • Development Potential: Mixed Use Opportunity
  • Id: #6825
  • Contact Agent
  • Contract: Sale
  • Location: BRUNSWICK EAST, VIC 3057
  • Area: 1543 sqm (*approx)
  • Type: Mixed Use,
  • Tender
  • Message Agent

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Obtaining Development Sites

What is a development site?

A development site encompasses a range of property types, including raw land, improved land, or land with existing buildings situated on it - regardless of the type of configuration of the land, value can be added through subdivision, demolition, remodeling, land banking or construction of real property.

How to find development sites?

Choosing the most suitable development site or area to develop your property is critical to the overall success of your property. The number one component in any development site should always be market research.

Typically, developers look for one or more of the following:

  • Future council or government approval for redevelopment
  • Strong future growth potential in property values
  • Growing population including young families or downsizers, depending on the project
  • An abundance of infrastructure including transport, schools, shopping centres, sporting clubs, open spaces and the like
  • Strong levels of local employment

Why should I buy a property with development approval?

Property developers and investors purchase sites with existing council approval in order to avoid lengthy delays and uncertainty - a process aptly entitled risk mitigation or minimisation. Purchasers are generally willing to pay over market value for these sorts of properties given the ability for immediate construction activity and pre-sales marketing to occur.

How much do development approved sites cost?

Obtaining development approval can greatly appreciate the value of land. Costs of development sites vary heavily from location, size, potential yield and resales.

Where should I buy a property development site?

Australian development sites are experiencing unprecedented demand from both local and international investors, yet finding these lucrative properties can be a challenging experience for both buyers. By visiting developmentready.com.au, buyers are able to browse through hundreds of development projects from across Australia within an intuitive, single interface designed from the ground up.

Which areas are popular for property development in Victoria?

Australia’s best growth suburbs under:

VIC
  • Box Hill
  • Frankston
  • Bendigo
  • Geelong West
  • Malvern East
  • SA
  • Goodwood
  • North Adelaide
  • Port Lincoln
  • Mount Gambier
  • Plympton

Is Commercial or Residential Property Development better?

Like most investments, there are pro’s & con’s for investing in both commercial or residential properties.


Whilst commercial property investment often boasts a higher return on investment, there is also a higher risk of vacancy.


In residential property development, there is typically a reasonable to strong level of demand depending on the economic climate, however there also exists greater competition within the market for each project, meaning buyers have a range of projects to choose from when considering their next purchase.