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Development Sites in Melbourne from Development Ready

29 Macgregor Street, Malvern East, VIC, 3145

  • Development Approved: Two (2) luxury 2-storey townhouses
  • Id: #8957
  • Contact Agent
  • Contract: Sale
  • Location: MALVERN EAST, VIC 3145
  • Area: 697 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • Auction: Sat 09-Dec-17 12:00PM
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1 Churchill Way Kilsyth, VIC, 3137

  • Development Approved: Three (3) brand new units/townhouses
  • Id: #8956
  • Contact Agent
  • Contract: Sale
  • Location: KILSYTH, VIC 3137
  • Area: 906 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • Auction: Sat 16-Dec-17 10:00AM
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1/24 Neville Street Carnegie, VIC, 3163

  • Development Approved: For a dream home in a prime location
  • Id: #8955
  • Contact Agent
  • Contract: Sale
  • Location: CARNEGIE, VIC 3163
  • Area: m2 (*approx)
  • Type: Residential - Townhouse Sites
  • Auction: Sunday 10 December at 1.30pm
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9 -13 Little John Road, Warranwood, VIC, 3134

  • Development Approved: 2 Luxury Townhouses
  • Id: #8820
  • Contact Agent
  • Contract: Sale
  • Location: WARRANWOOD, VIC 3134
  • Area: 1044 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • FOR PRIVATE SALE
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5-7 Braeside Ave, Camberwell, VIC, 3124

  • Development Approved: 8 Townhouses
  • Id: #8941
  • Contact Agent
  • Contract: Sale
  • Location: CAMBERWELL, VIC 3124
  • Area: 1554 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • EOI: Closing Friday 15th December 2017 @ 3pm
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1062 Toorak Road Camberwell Vic 3124

  • Development Potential: Multi-unit development site (STCA)
  • Id: #8935
  • Contact Agent
  • Contract: Sale
  • Location: CAMBERWELL, VIC 3124
  • Area: 587 m2 (*approx)
  • Type: Residential - Apartment Sites, Townhouse Sites
  • Auction: Sat 09-Dec-17 12:00PM
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92 Railway Parade, PASCOE VALE, VIC 3044

  • Development Potential: Suit Townhouse or Apartments (STCA)
  • Id: #8933
  • Contact Agent
  • Contract: Sale
  • Location: PASCOE VALE, VIC 3044
  • Area: 988 m2 (*approx)
  • Type: Residential - Apartment Sites, Townhouse Sites
  • Auction: For Sale by Auction - Wed 13 Dec at 12pm on site
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109-111 Princes Highway Norlane Vic 3214

  • Development Approved: for four (4) townhouses
  • Id: #8931
  • Contact Agent
  • Contract: Sale
  • Location: NORLANE, VIC 3214
  • Area: 999 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • $ 530,000 - $ 570,000: 530,000 - $570,000
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1 Portrush Grove Mornington Vic 3931

  • Development Approved: Dual Occupancy Townhouse Development
  • Id: #8930
  • Contact Agent
  • Contract: Sale
  • Location: MORNINGTON, VIC 3931
  • Area: 904 m2 (*approx)
  • Type: Residential - Duplex / Dual Occ
  • Auction: Sat 09-Dec-17 12:00PM
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50 Boisdale Street, Surrey Hills, VIC, 3127

  • Development Approved: 2 Townhouses
  • Id: #8929
  • Contact Agent
  • Contract: Sale
  • Location: SURREY HILLS, VIC 3127
  • Area: 932 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • Private Sale: Contact Agent For Details
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85-89 Brunswick Road & 112 Barkly Street, Brunswick East, VIC, 3057

  • Development Potential: Zoned Industrial 3 with re-zoning potential (STCA)
  • Id: #8927
  • Contact Agent
  • Contract: Sale
  • Location: BRUNSWICK EAST, VIC 3057
  • Area: 2607 m2 (*approx)
  • Type: Industrial
  • EOI: Closing Thursday December 7th at 5pm
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13 Arnold Grove, DONCASTER, VIC 3108

  • Development Approved: Five (5) oversized townhouses
  • Id: #8920
  • Contact Agent
  • Contract: Sale
  • Location: DONCASTER, VIC 3108
  • Area: 772 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • Contact Agent: Immediate Private Sale - Contact 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 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.