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Development Sites in Melbourne from Development Ready

322-326 High Street, ASHBURTON, VIC 3147

  • Development Approved: 35 luxury apartments
  • Id: #10028
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  • Contract: Sale
  • Location: ASHBURTON, VIC 3147
  • Area: 2188 m2 (*approx)
  • Type: Residential - Apartment Sites
  • Auction: Friday 25th May at 10.30am
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86 Beddoe Avenue, Bentleigh East VIC 3165

  • Development Potential: New home or two townhouses (STCA)
  • Id: #10026
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  • Contract: Sale
  • Location: BENTLEIGH EAST, VIC 3165
  • Area: 587.8 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • Auction: Sat 19-May-18 11:00AM
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587 Boronia Road, Wantirna, VIC, 3152

  • Development Approved: 8 Townhouses
  • Id: #10025
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  • Contract: Sale
  • Location: WANTIRNA, VIC 3152
  • Area: 992 m2 (*approx)
  • Type: Residential - Townhouse Sites
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31-39 Erica Avenue, Boronia, VIC, 3155

  • Development Approved: 45 apartments and 4 shops
  • Id: #10023
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  • Contract: Sale
  • Location: BORONIA, VIC 3155
  • Area: 2400 m2 (*approx)
  • Type: Commercial - Office / Retail, Residential - Apartment Sites
  • Sale by Negotiation: Contact Agent
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250 Wedge Road, SKYE, VIC 3977

  • Development Potential: 265 residential lot subdivision (STCA)
  • Id: #10017
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  • Contract: Sale
  • Location: SKYE, VIC 3977
  • Area: 14.3 hectares (*approx)
  • Type: Residential - Greenfield / Land Site
  • EOI: Contact Agent
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Docklands, address available on request

  • Development Approved: 300 apartments*, 250 Hotel rooms over 35 floors
  • Id: #10019
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  • Contract: Sale
  • Location: DOCKLANDS, VIC 3008
  • Area: 4000 m2 (*approx)
  • Type: Residential - Apartment Sites, Hotel Sites
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29 Lawanna Drive, Templestowe, VIC, 3106

  • Development Approved: to build four luxury homes
  • Id: #9732
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  • Contract: Sale
  • Location: TEMPLESTOWE, VIC 3106
  • Area: 1059 m2 (*approx)
  • Type: Residential - Townhouse Sites
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123 Balcombe Road Mentone, VIC, 3194

  • Development Approved: 95-place childcare centre, Alternate multi-townhouse development
  • Id: #10010
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  • Contract: Sale
  • Location: MENTONE, VIC 3194
  • Area: 1161 m2 (*approx)
  • Type: Commercial - Child Care, Residential - Townhouse Sites
  • Auction: Thu 24-May-18 12:30PM
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355 Maroondah Highway Ringwood Vic 3134

  • Development Potential: Multi-unit development site (STCA)
  • Id: #9829
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  • Contract: Sale
  • Location: RINGWOOD, VIC 3134
  • Area: 693 m2 (*approx)
  • Type: Residential - Apartment Sites, Townhouse Sites
  • Auction: Sat 05-May-18 10:30AM
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Williams Landing, address available upon request

  • Development Approved: 23 individual lots approved with titles pending
  • Id: #9947
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  • Contract: Sale
  • Location: WILLIAMS LANDING , VIC 3027
  • Area: 807 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • EOI: Closing Friday 4th May 2018 @ 4:00pm
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Norwich Plaza, 1 Bridge Mall, Ballarat Central, Vic 3350

  • Development Potential: Opportunity for future redevelopment and/or subdivision STCA
  • Id: #9884
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  • Contract: Sale
  • Location: BALLARAT, VIC 3350
  • Area: 2553 m2 (*approx)
  • Type: Commercial - Office / Retail, Other, Residential - Apartment Sites, Townhouse Sites
  • Expression of Interest: Closing 2pm Tuesday 15 May 2018
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15 Herman Street & 59 Herman Street, ROSEBUD, VIC 3939

  • Development Potential: Townhouse development, aged care living, retirement and more (STCA)
  • Id: #9878
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  • Contract: Sale
  • Location: ROSEBUD, VIC 3939
  • Area: 23320 m2 (*approx)
  • Type: Commercial - Aged Care, Other, Residential - Townhouse Sites, Greenfield / Land Site
  • Expression of Interest: Closing Friday 11th May 3 pm
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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.