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38 Jessop Street, Greensborough VIC 3088

ESR: $725,000 - $795,000

Search Band Search Visibility Band

$650k - $700k High Confidence Calculated based on strong search observations.

Land 766 m²

Listed: 16th Aug 2026

Updated: 2 days ago

Overview

This rare and sizeable 766 square meter vacant land parcel in Greensborough presents a versatile opportunity for prospective buyers. The substantial site, free of any existing structures, allows for imaginative and flexible development options, including the construction of a dream family home, a luxury residence, or potentially multiple townhouses or units, subject to council approval.

Ideal for those seeking to create a multi-generational living arrangement or investors interested in land banking in a respected and high-demand location, this allotment offers considerable future growth potential.

Build a bespoke forever home tailored to your lifestyle needs.
Develop multiple townhouses or units for diversified investment.
Design a home suited for extended family living across generations.
Secure a land bank in a sought-after neighbourhood poised for appreciation.

Convenience is a key attribute of this site, with close proximity to Greensborough Plaza, a variety of cafés, restaurants, reputable schools, parklands, and efficient public transport options including the Greensborough Train Station. The property's location marries accessibility with the privacy and space that comes from owning a generous plot in a thriving suburban setting.

Local Market Insights

In Melbourne - North East, Quiet Listings observed 51 new parcels of land entering the market over the last 30 days, up from 33 during the previous 30-day period, with an average advertised asking price of $763,392. The property type mix of listed properties is predominantly Houses at 62%, followed by townhouses (12%), and units (10%). The most active agency for land in the Melbourne - North East area is currently Jellis Craig, representing 49% of new listings. 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.