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65b Leane Drive, Eltham VIC 3095

Asking: $598,000

Search Band Search Visibility Band

$550k - $600k High Confidence Calculated based on strong search observations.

Land 1236 m²

Listed: 11th Aug 2026

Updated: 10 hours ago

Overview

This generous 1236 square metre allotment offers a rare chance to secure a sizeable and newly subdivided block nestled in a verdant and highly sought-after location in Eltham. Its significant land size provides excellent scope for creating a dream home tailored to your preferences, subject to council approval, or represents a promising long-term investment opportunity.

Set within a leafy and peaceful environment, this block strikes a harmonious balance between tranquil natural surrounds and convenience. Residents can enjoy a green, spacious setting that encourages outdoor living and privacy, while still being closely positioned to essential amenities.

The property is zoned GRZ1 (General Residential Zone – Schedule 1) and features two distinct building envelopes, offering future flexibility for design or development options in line with local planning guidelines. This zoning underlines the potential to explore various housing configurations or expansion possibilities, appealing to buyers seeking to maximise the value and utility of the land.

Strategically located with easy access to Research village, the local train station, the lively shopping and dining precincts of Eltham, and educational institutions such as Eltham College, this allotment is ideally suited to families, developers, or investors seeking both lifestyle and accessibility. The leafy setting provides a welcoming neighborhood atmosphere, while proximity to transport and services supports practical daily living.

Opportunities to purchase land of this size and quality in Eltham are infrequent. This parcel’s combination of generous dimensions, flexible zoning, and prized location make it a compelling prospect for those planning to build or invest. Secure this exceptional allotment and start envisioning your future in one of Victoria’s charming suburbs.

Local Market Insights

In Eltham, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $587,500. The property type mix of listed properties is predominantly Houses at 77%, followed by townhouses (8%), and units (6%). The most active agency for land in the Eltham area is currently OBrien Real Estate, representing 50% of new listings, followed by Morrison Kleeman Estate Agents - Doreen with 50%. 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.