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497-501 Keilor Road, Niddrie VIC 3042

$7 Million

Search Band Search Visibility Band

$7M - $7.7M High Confidence Calculated based on strong search observations.

Land 3600 m²

Listed: 6th Aug 2026

Updated: 8 days ago

Overview

This expansive land parcel offers a prime development opportunity in the sought-after suburb of Niddrie, showcasing a generous size of approximately 3600 square meters. Uniquely positioned at the intersection of three major roads, the site benefits from exceptional accessibility and visibility, making it highly attractive for both commercial and residential interests.

Strategically zoned as Commercial 1 combined with Residential provisions, this property caters to a range of development potentials, enabling a versatile blend of uses. Such zoning flexibility enhances investment appeal and supports visionary planning strategies.

For developers and investors targeting growth corridors in Melbourne’s metropolitan area, this site presents a valuable canvas. Its proximity to key road networks facilitates convenient transport and logistics, potentially increasing foot traffic and commercial exposure. The residential aspect further broadens market appeal, accommodating a lifestyle-oriented focus or mixed-use precinct possibilities.

While the site itself currently stands as undeveloped land, the multi-frontage access and significant land area empower tailored development solutions that can respond effectively to contemporary urban requirements and market demands.

Local Market Insights

In Melbourne - North West, Quiet Listings observed 67 new parcels of land entering the market over the last 30 days, unchanged from 67 in the prior period, with an average advertised asking price of $1,270,588. The property type mix of listed properties is predominantly Houses at 68%, followed by townhouses (10%), and land (8%). The most active agency for land in the Melbourne - North West area is currently Matilda Donnybrook, representing 33% of new listings, followed by Ray White with 18%. 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.