List your Development Site on Development Ready – Find out how
 

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Development Sites in Melbourne from Development Ready

217-219 Mont Albert Road Surrey Hills Vic 3127

  • Development Approved: Current Planning Permit for a Townhouse development
  • Id: #7425
  • Contact Agent
  • Contract: Sale
  • Location: SURREY HILLS, VIC 3127
  • Area: 615 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • EOI
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393-399 Macaulay Road, Kensington, Vic 3031

  • Development Potential: Mixed-Use Development site 1,551m2 (stca)
  • Id: #7420
  • Contact Agent
  • Contract: Sale
  • Location: KENSINGTON, VIC 3031
  • Area: 1551 m2 (*approx)
  • Type: Residential - Apartment Sites, Mixed Use
  • $ 5,000,000+ Gst
  • Message Agent

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227-229 McIntyre Road Sunshine North Vic 3020

  • Development Potential: Multi-unit development site (STCA)
  • Id: #7419
  • Contact Agent
  • Contract: Sale
  • Location: Sunshine, VIC 3020
  • Area: 1958 m2 (*approx)
  • Type: Residential - Apartment Sites, Townhouse Sites
  • Auction: 20-Aug-17 12pm
  • Message Agent

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9 Thorpe Street Sunshine Vic 3020

  • Development Potential: Mixed use multi level development STCA
  • Id: #7418
  • Contact Agent
  • Contract: Sale
  • Location: Sunshine, VIC 3020
  • Area: 515 m2 (*approx)
  • Type: Residential - Townhouse Sites, Duplex / Dual Occ
  • Auction: Saturday 22nd July 2017 at 1:00PM
  • Message Agent

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115 Lorne Street Fawkner Vic 3060

  • Development Approved: Two large 37 square unique street-facing double storey homes
  • Id: #7417
  • Contact Agent
  • Contract: Sale
  • Location: FAWKNER, VIC 3060
  • Area: 779 m2 (*approx)
  • Type: Residential - Townhouse Sites, Duplex / Dual Occ
  • Auction: Sat 22-Jul-17 10:30AM
  • Message Agent

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190 Woods Road, TRUGANINA, VIC 3029

  • Development Potential: 41.5HA Mixed-use development site (STCA)
  • Id: #7415
  • Contact Agent
  • Contract: Sale
  • Location: TRUGANINA, VIC 3029
  • Area: 41.5 hectares (*approx)
  • Type: Commercial - Office / Retail, Other, Residential - Greenfield / Land Site
  • EOI
  • Message Agent

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148 Donald Street Brunswick Vic 3056

  • Development Approved: Town planning permit & working drawings for two (2) dwellings!
  • Id: #7411
  • Contact Agent
  • Contract: Sale
  • Location: BRUNSWICK, VIC 3056
  • Area: 336 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • Auction: 12pm Saturday 22nd July.
  • Message Agent

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14 Newsom Street, Ascot Vale VIC 3032

  • Development Approved: Council approved plans and town planning approval for five three bedroom townhouses
  • Id: #7001
  • Contact Agent
  • Contract: Sale
  • Location: ASCOT VALE, VIC 3032
  • Area: 1104 sqm (*approx)
  • Type: Residential - Townhouse Sites
  • $ 1,900,000
  • Message Agent

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64 Robertsons Road, Kalimna West VIC 3909

  • Development Approved: Lifestyle Village - Multi-unit residential development site
  • Id: #6808
  • Contact Agent
  • Contract: Sale
  • Location: KALIMNA WEST, VIC 3909
  • Area: 6 acres (*approx)
  • Type: Commercial - Other, Residential - Student Accommodation Sites, Hotel Sites, Greenfield / Land Site
  • $ 1.5m
  • Message Agent

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19-31 Rowan Road Springvale South Vic 3172

  • Development Approved: For 39 dwellings comprising of 33 double storey dwellings and 6 single storey dwellings
  • Id: #7407
  • Contact Agent
  • Contract: Sale
  • Location: SPRINGVALE SOUTH, VIC 3172
  • Area: 8955 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • $ 7,200,000 To $ 7,900,000
  • Message Agent

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6-8 Wallace Avenue Toorak, VIC 3142

  • Development Potential: Multi Use Development (stca)
  • Id: #7404
  • Contact Agent
  • Contract: Sale
  • Location: TOORAK, VIC 3142
  • Area: 420 sqm (*approx)
  • Type: Commercial - Office / Retail, Residential - Apartment Sites
  • Auction: Friday 11th Aug at 2:00 pm
  • Message Agent

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32 & 32A Rathmines Road, HAWTHORN EAST, VIC 3123

  • Development Potential: For luxury apartment project with oversized apartments
  • Id: #7363
  • Contact Agent
  • Contract: Sale
  • Location: HAWTHORN EAST, VIC 3123
  • Area: 900 m2 (*approx)
  • Type: Residential - Apartment Sites
  • Auction: Fri 21-Jul-17 11:00AM
  • Message Agent

Message to agency

 
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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.