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Overview
This substantial 1.35-hectare residential development site at 2 Monash Street, Dubbo, presents a highly advanced opportunity for developers looking to bypass early planning hurdles. With a Development Approval and Construction Certificate secured for 47 two-storey townhouses, this project integrates a well-conceived mix of 3, 4, and 5-bedroom homes designed to accommodate family living demands. The site’s unique position benefits from triple street frontages to Monash, Chelmsford, and Cobra Streets, enhancing accessibility and potential design flexibility.
The predominance of larger homes — 42 out of 47 dwellings with four or five bedrooms — and provision for two-car spaces per unit, along with 12 visitor spaces and community amenities such as open space and an approved stormwater management basin, underscores a focus on family orientation and community integration. The completion of demolition and current validity of the Development Consent until May 2028 streamlines project commencement and adds security to the investment.
Located in Dubbo, a major regional service centre with forecasted demand for approximately 5,000 additional dwellings by 2041, this development opportunity aligns with strong housing market fundamentals driven by regional growth and significant investments including the nearby Central-West Orana Renewable Energy Zone.
On offer is a rare, defined project with key approvals in place, offering a strategic entry point for developers to contribute to regional housing supply and benefit from the area's growth dynamics. A comprehensive due diligence package is available upon request, facilitating informed decision-making. This site is suited to developers seeking scale in a central regional location with robust future demand outlook.
Local Market Insights
In Dubbo, Quiet Listings observed 5 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 $1,219,000. The property type mix of listed properties is predominantly Houses at 80%, followed by land (6%), and duplexes (5%). The most active agency for land in the Dubbo area is currently Ray White, representing 40% of new listings, followed by Redden Family Real Estate with 20%. 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.
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Location
Market Insights for Dubbo NSW 2830
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