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Overview
Positioned in the highly sought-after inner-west suburb of Seddon, just minutes from Melbourne’s CBD, this property represents a compelling development opportunity in a tightly held, high-growth location.
Set on approximately 500 square meters with rare dual street frontage, the site provides excellent flexibility for redevelopment, subject to council approval. There is strong potential for multi-dwelling outcomes or a premium residential project. The dual access enhances design efficiency and maximizes site utilization, making it highly attractive for developers focused on yield.
The location is a significant advantage, offering walking access to Victoria University, Middle Footscray Station, and the popular Seddon Village precinct. These amenities support strong end-value appeal for both owner-occupiers and investors, increasing the desirability of the property.
An existing four-bedroom dwelling currently occupies the site. It includes multiple living zones and rear access via Lily Street. This provides the opportunity to generate holding income while plans and permits for redevelopment are secured, offering flexibility to the purchaser.
This opportunity constitutes a strategic acquisition in a high-demand inner-west market, ideal for developers seeking a well-located site with immediate and long-term upside. The dual frontages and substantial land size provide excellent scope for creative design outcomes and yield enhancement.
Please note that all information and illustrations are provided for marketing purposes only and do not constitute any representation by the agent or vendor. Accuracy is sought but not guaranteed, and prospective purchasers should undertake their own due diligence and inquiries.
Local Market Insights
In Seddon, Quiet Listings observed 7 new houses entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $998,571. The property type mix of listed properties is predominantly Apartments at 63%, followed by houses (18%), and commercial properties (8%). Burnham Real Estate was the most active agency in this area, representing 17.1% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $1,300,000 | |
| $1,300,000 - $1,400,000 |
Location
Seddon VIC 3011
Market Insights for Seddon VIC 3011
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
