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Location

Market Insights for Kew VIC 3101

New Listings (last 30 days)

Average price

$1,522,250

Lowest price

$439,000

Highest price

$2,300,000

79-83 High Street, Kew VIC 3101

For Sale

Land 3756 m² 3361 m²

Listed: 5th Aug 2026

Updated: 21 hours ago

Overview

Located within Melbourne’s prestigious and highly sought-after suburb of Kew, this substantial development opportunity offers nearly 3,756 square meters of Commercial 1 Zoned land. Its proximity just under 5 kilometers from the CBD ensures excellent access to the city's core, making it an ideal site for ambitious mixed-use projects.

This site encompasses a high-quality office building currently encompassing 3,361 square meters of net lettable area, providing immediate holding income and potential for leasing or refurbishment. The property's concept plans outline a large-scale development featuring 182 apartments, which collectively offer substantial net saleable area of approximately 16,193 square meters. Such scale and zoning make this an excellent canvas for developers, whether focusing on build-to-sell, build-to-rent, or retirement living solutions.

Excellent location close to major transport corridors including M3 Eastlink and M1 Monash Freeway
Situated within one of Melbourne’s premier schooling catchments, appealing to families and long-term residents
Close to abundant parklands, golf courses, and recreational reserves, enhancing lifestyle appeal

Given its size, zoning, and location, this property represents a rare opportunity in a tightly held market, suitable for developers seeking a landmark mixed-use project in a vibrant inner suburb. The site’s versatility is underscored by the variety of potential uses and strong existing demand for quality apartments in the area.

Local Market Insights

In Melbourne - Inner East, Quiet Listings observed 4 new parcels of land entering the market over the last 30 days, down from 5 during the previous 30-day period, with an average advertised asking price of $1,522,250. The property type mix of listed properties is predominantly Houses at 59%, followed by apartments (18%), and units (8%). The most active agency for land in the Melbourne - Inner East area is currently Canford Estate Agents, representing 25% of new listings, followed by Jellis Craig with 25%. 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.