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Development Sites in Melbourne from Development Ready

14 Stevens Road St Albans Vic 3021

  • Development Approved: For 3 townhouses
  • Id: #7608
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  • Contract: Sale
  • Location: ST ALBANS, VIC 3021
  • Area: 603 m2 (*approx)
  • Type: Residential - Townhouse Sites
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70 Derricks Road Clyde Vic 3978

  • Development Potential: 20 Acre* Multi dwelling development site (STCA)
  • Id: #7633
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  • Contract: Sale
  • Location: CLYDE, VIC 3978
  • Area: 20 acres (*approx)
  • Type: Residential - Townhouse Sites, Greenfield / Land Site
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2 Johnston Street Ashburton Vic 3147

  • Development Potential: Multi-unit development site (STCA)
  • Id: #7631
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  • Contract: Sale
  • Location: ASHBURTON, VIC 3147
  • Area: 909 m2 (*approx)
  • Type: Residential - Townhouse Sites
  • $ $2,450,000
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2 Ramptons Road Eltham Vic 3095

  • Development Approved: Two architecturally designed homes
  • Id: #7630
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  • Contract: Sale
  • Location: ELTHAM, VIC 3095
  • Area: 0.46 hectares (*approx)
  • Type: Residential - Townhouse Sites
  • $ 1,050,000 PLUS BUYERS
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116 Dorking Road, BOX HILL NORTH, VIC 3129

  • Development Approved: Three (3) large, luxury homes, all with 4 bedrooms and double garage
  • Id: #7627
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  • Contract: Sale
  • Location: BOX HILL NORTH, VIC 3129
  • Area: 910 m2 (*approx)
  • Type: Commercial, Residential - Townhouse Sites
  • Auction: Friday 25 August at 2pm
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890-892 Toorak Road, Camberwell VIC 3124

  • Development Approved: HEALTHCARE OR RESIDENTIAL DEVELOPMENT (STCA)
  • Id: #7624
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  • Contract: Sale
  • Location: CAMBERWELL, VIC 3124
  • Area: 1360 m2 (*approx)
  • Type: Commercial - Aged Care, Child Care, Residential - Apartment Sites
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13-15 and 17-19 Kerr Street, Fitzroy VIC 3065

  • Development Potential: Mixed Use Zoning (STCA)
  • Id: #7623
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  • Contract: Sale
  • Location: FITZROY, VIC 3065
  • Area: 722 m2 (*approx)
  • Type: Residential - Apartment Sites, Mixed Use
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376 Pascoe Vale Rd Strathmore VIC 3041

  • Development Approved: 23 apartments + retail. There is 23 car spaces and no basement.
  • Id: #7621
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  • Contract: Sale
  • Location: STRATHMORE, VIC 3041
  • Area: 561 m2 (*approx)
  • Type: Residential - Apartment Sites, Mixed Use
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64 Robertsons Road, Kalimna West VIC 3909

  • Development Approved: Lifestyle Village - Multi-unit residential development site
  • Id: #6808
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  • 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
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590-592 Aviation Road, POINT COOK, VIC 3030

  • Development Potential: Included in the Aviators Field PSP anticipated completion 2020
  • Id: #7616
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  • Contract: Sale
  • Location: POINT COOK, VIC 3030
  • Area: 3 hectares (*approx)
  • Type: Residential - Townhouse Sites, Greenfield / Land Site
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80, 82 & 84 Manningham Road, Bulleen, VIC 3105

  • Development Potential:
  • Id: #7601
  • Contact Agent
  • Contract: Sale
  • Location: BULLEEN, VIC 3105
  • Area: m2 (*approx)
  • Type: Residential - Apartment Sites, Townhouse Sites
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2-4 O'Malley Crescent Dandenong North Vic 3175

  • Development Potential: Multi-unit development site (STCA)
  • Id: #7609
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  • Contract: Sale
  • Location: DANDENONG NORTH, VIC 3175
  • Area: 892 m2 (*approx)
  • Type: Residential - Apartment Sites, Townhouse Sites
  • Auction: Wednesday 16th August at 6:30pm.
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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.