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Development Sites in Melbourne from Development Ready

1-3 Horne Street, ELSTERNWICK, VIC 3185

  • Development Potential: Mixed Use Development Opportunity (STCA)
  • Id: #12948
  • Contact Agent
  • Contract: Sale
  • Location: ELSTERNWICK, VIC 3185
  • Area: 613 m2 (*approx)
  • Type: Mixed Use
  • Auction: 12th December at 12:30pm
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1 - 5 Hurstmon Street, MALVERN EAST, VIC 3145

  • Development Approved: 46 Apartments
  • Id: #12942
  • Contact Agent
  • Contract: Sale
  • Location: MALVERN EAST, VIC 3145
  • Area: 1786 m2 (*approx)
  • Type: Residential - Apartment Sites
  • Auction: Wednesday 12th December 2018 at 10.30am
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34 Cromwell Street, COLLINGWOOD, VIC 3066

  • Development Potential: Commercial development Opportunity (STCA)
  • Id: #12941
  • Contact Agent
  • Contract: Sale
  • Location: COLLINGWOOD, VIC 3066
  • Area: 2016 m2 (*approx)
  • Type: Commercial - Office / Retail
  • Auction: Thu 13 Dec 12:30pm
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378-390 St Georges Road, Fitzroy North, VIC, 3068

  • Development Approved: 69 Units + Retail
  • Id: #12939
  • Contact Agent
  • Contract: Sale
  • Location: FITZROY NORTH, VIC 3068
  • Area: 2141 m2 (*approx)
  • Type: Commercial - Office / Retail, Residential - Apartment Sites
  • EOI: Closing Tue 11 Dec 2:00pm
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Lots R 1, 2 & 6, Coast Road, French Island VIC, 3921

  • Development Potential: SUBSTANTIAL PARCEL OF OVER 400 ACRES IN 3 TITLES (1 WITH HOUSE)
  • Id: #12937
  • Contact Agent
  • Contract: Sale
  • Location: FRENCH ISLAND, VIC 3921
  • Area: 173.9 hectares (*approx)
  • Type: Residential - Greenfield / Land Site
  • EOI: Closing Friday 14th December @ 5:00pm
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33 Flockhart Street, Abbotsford, VIC, 3067

  • Development Potential: Industrial Development Opportunity (STCA)
  • Id: #12931
  • Contact Agent
  • Contract: Sale
  • Location: ABBOTSFORD, VIC 3067
  • Area: 3880 m2 (*approx)
  • Type: Industrial
  • EOI: Closing Friday 30 November 2018 by 12pm (AEDT)
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1130-1142 Toorak Road, CAMBERWELL, VIC 3124

  • Development Potential: Mixed Use Development Opportunity (STCA)
  • Id: #12889
  • Contact Agent
  • Contract: Sale
  • Location: CAMBERWELL, VIC 3124
  • Area: 2222 m2 (*approx)
  • Type: Residential - Apartment Sites, Mixed Use
  • EOI: Closing 11th December at 2:00pm
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Phillips Arcade, 31-43 Puckle Street, MOONEE PONDS, VIC, 3039

  • Development Approved: For 10 storeys comprising 84 apartments + 9 retail shops
  • Id: #10538
  • Contact Agent
  • Contract: Sale
  • Location: MOONEE PONDS, VIC 3039
  • Area: 1887 m2 (*approx)
  • Type: Commercial - Office / Retail, Residential - Apartment Sites
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S23 and S38 Urquhart Street and S35 Pentridge Boulevard, Coburg, VIC, 3058

  • Development Approved: 3 sites together or individually - Activity Centre Zone- Schedule 1 (ACZ1)
  • Id: #12891
  • Contact Agent
  • Contract: Sale
  • Location: COBURG, VIC 3058
  • Area: 9749 m2 (*approx)
  • Type: Residential - Apartment Sites, Townhouse Sites
  • EOI: Closing Thursday 13th December
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149 Hansworth Street, Mulgrave, VIC, 3170

  • Development Approved: 93 apartments plus 30 townhouses
  • Id: #12890
  • Contact Agent
  • Contract: Sale
  • Location: MULGRAVE, VIC 3170
  • Area: 1.669 hectares (*approx)
  • Type: Residential - Apartment Sites, Townhouse Sites
  • EOI: Closing Thursday 13th December at 2pm
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47 Grimshaw Street, Greensborough, VIC, 3088

  • Development Approved: Mixed-use development (Alternative townhouse & mixed-use schemes available)
  • Id: #12888
  • Contact Agent
  • Contract: Sale
  • Location: GREENSBOROUGH, VIC 3088
  • Area: 920 m2 (*approx)
  • Type: Residential - Apartment Sites, Townhouse Sites, Mixed Use
  • EOI: Closing Fri 7 Dec 12:00pm
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106 - 126 Main Street, GREENSBOROUGH, VIC 3088

  • Development Potential: Favourable height allowance (89m AHD) over any other property within the Activity Centre
  • Id: #12885
  • Contact Agent
  • Contract: Sale
  • Location: GREENSBOROUGH, VIC 3088
  • Area: 5778 m2 (*approx)
  • Type: Commercial - Office / Retail, Other, Residential - Apartment Sites, Mixed Use
  • EOI: Closing Tuesday 11 December 2018 at 2.00pm
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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.