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29 Downing Street, Oakleigh VIC 3166

Listed: 30 days ago
Updated: 25 days ago
Overview

This vacant allotment of approximately 489 square metres offers a rare and versatile opportunity in the well-established and highly regarded suburb of Oakleigh. Situated in a quiet residential street surrounded by quality homes, the level and ready-to-build parcel allows a buyer to design a property tailored to their personal requirements and style, subject to council approval.

With generous dimensions, the site presents considerable flexibility for families looking to build a forever home, builders seeking a project, or investors aiming to capitalise on strong demand for land in this thriving location.

  • Prime position in a blue-chip Oakleigh neighbourhood close to renowned shopping and dining precincts, parks, reputable schools and efficient public transport.
  • Excellent access to major arterial routes including Monash Freeway, and nearby facilities such as Chadstone Shopping Centre and Monash University enhance daily convenience.
  • The clear and level land offers a prepared canvas that allows for a contemporary design tailored around modern living requirements and future aspirations.

This property promises to appeal to a discriminating buyer who values location and potential in a suburb with enduring growth credentials and lifestyle attractions. It presents an opportunity to secure land in one of Oakleigh’s most sought-after pockets, ready for the creation of a dream home or a strategic investment in a highly connected community.

Local Market Insights

In Melbourne - South East, Quiet Listings observed 77 new parcels of land entering the market over the last 30 days, down from 110 during the previous 30-day period, with an average advertised asking price of $831,201. The property type mix of listed properties is predominantly Houses at 70%, followed by townhouses (10%), and units (7%). The most active agency for land in the Melbourne - South East area is currently Ancora Property Group, representing 40% of new listings, followed by Ray White with 12%. 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.

Location
Market Insights for Oakleigh VIC 3166
New Listings (last 30 days)
77
Average price
$831,201
Lowest price
$250,000
Highest price
$15,000,000
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