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Development Sites in Melbourne from Development Ready

69-79 Grange Road Fairfield, VIC, 3078

  • Development Potential: Development flexibility for multi storey residential (STCA)
  • Id: #9179
  • Contact Agent
  • Contract: Sale
  • Location: FAIRFIELD, VIC 3078
  • Area: 1800 m2 (*approx)
  • Type: Residential - Apartment Sites, Townhouse Sites
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2 Audrey Avenue, Coburg North, Vic 3058

  • Development Potential: Versatile corner allotment within an Industrial Zone
  • Id: #9177
  • Contact Agent
  • Contract: Sale
  • Location: COBURG NORTH, VIC 3058
  • Area: 285 m2 (*approx)
  • Type: Industrial
  • Auction: Thu 15-Feb-18 12:30PM
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2-4 Wellington Street, RICHMOND, VIC 3121

  • Development Approved: Six (6) Townhouses
  • Id: #8305
  • Contact Agent
  • Contract: Sale
  • Location: RICHMOND, VIC 3121
  • Area: 540 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • Contact Agent: Private Sale $5.6m
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20 Thistlethwaite Street, South Melbourne, VIC, 3205

  • Development Potential: 18 levels of mixed use hi-density development into the future
  • Id: #9028
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  • Contract: Sale
  • Location: SOUTH MELBOURNE, VIC 3205
  • Area: 425 m2 (*approx)
  • Type: Residential - Apartment Sites, Mixed Use
  • POA
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Balwyn North, VIC, 3104

  • Development Potential: 2 townhouses or 1 large luxury home (STCA)
  • Id: #8754
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  • Contract: Sale
  • Location: BALWYN NORTH, VIC 3104
  • Area: 687 m2 (*approx)
  • Type: Residential - Townhouse Sites
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Dixon Grove, Blackburn, VIC, 3130

  • Development Approved: 2 (Two) Large Townhouses
  • Id: #8750
  • Contact Agent
  • Contract: Sale
  • Location: BLACKBURN, VIC 3130
  • Area: 600 sqm (*approx)
  • Type: Residential - Townhouse Sites
  • Contact Agent: PRICE DROP!
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56 Altona St, Heidelberg Heights, VIC, 3081

  • Development Potential: Residential Development - STCA
  • Id: #9149
  • Contact Agent
  • Contract: Sale
  • Location: HEIDELBERG HEIGHTS, VIC 3081
  • Area: 797 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • $ 1,300,000
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35 Flinders Street, Bulleen, VIC 3105

  • Development Potential: Multiple townhouses (STCA)
  • Id: #9133
  • Contact Agent
  • Contract: Sale
  • Location: BULLEEN, VIC 3105
  • Area: 959 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • $ 1900000: $2,000,000
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4 Ashford Street, Templestowe Lower, VIC 3107

  • Development Potential: Multiple townhouses (STCA)
  • Id: #9134
  • Contact Agent
  • Contract: Sale
  • Location: TEMPLESTOWE LOWER, VIC 3107
  • Area: 927 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • $ 1600000: $1,650,000
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151 Hall Road Carrum Downs, VIC, 3201

  • Development Approved: 10 modern townhouses
  • Id: #9144
  • Contact Agent
  • Contract: Sale
  • Location: CARRUM DOWNS, VIC 3201
  • Area: 1103 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • $ 1,370,000 - $1,500,000
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358 & 360 Burwood Hwy, Burwood, Vic 3125

  • Development Approved: 32 Terraces/Apartments
  • Id: #9132
  • Contact Agent
  • Contract: Sale
  • Location: BURWOOD, VIC 3125
  • Area: 1639 m2 (*approx)
  • Type: Residential - Apartment Sites
  • Auction: Sat 17-Mar-18 11:00AM
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321 Wantirna Road, Wantirna VIC 3152

  • Development Approved: 59 townhouses
  • Id: #9100
  • Contact Agent
  • Contract: Sale
  • Location: WANTIRNA, VIC 3152
  • Area: 1.01 hectares (*approx)
  • Type: Residential - Townhouse Sites
  • Private Sale
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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 Melbourne and Across Victoria?

Based on our recent website statistics these suburbs are the most popular Doncaster East, Doncaster, Abbotsford, Brunswick, Hawthorn, Kew, Coburg, Camberwell, Glen Iris, Box Hill, Melbourne, Ringwood, Balwyn, Preston, Richmond, Coburg North, Ascot Vale, Croydon, St Kilda, Fitzroy, Altona, Brunswick East, Mount Waverley, Reservoir, Port Melbourne, Carnegie, Burwood, Boronia, Mckinnon, Kew East, Berwick, Frankston, Yarraville, Eltham, Hawthorn East, Ashwood, Dandenong, Blackburn South, Ringwood East, Epping

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.