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Overview
Situated in one of Doncaster's quietest and most accessible streets, this property offers a significant opportunity for a variety of buyers including builders, developers, renovators, and land purchasers. The expansive 728 square meter land parcel presents a flexible foundation to either renovate the existing solidly-constructed home, rebuild a luxury residence, or pursue multi-unit development potential subject to council approval.
The current home provides a traditional design layout, which lends itself well to modern enhancements or extensions. While planning for redevelopment or renovation, the property can offer immediate rental income, offering versatility to investors or homeowners.
Encircled by numerous contemporary rebuilds and successful multi-dwelling projects, the local area demonstrates strong demand and promising value appreciation. This favorable context adds to the appeal of the site for developers and investors looking for high-end returns.
Location benefits are substantial, with world-class shopping, dining, and entertainment just minutes away at Westfield Doncaster. The property is ideally placed for families or professionals seeking close access to reputable primary and secondary schools, nearby parks and recreational spaces, and efficient transport links including local bus routes and the Eastern Freeway, facilitating a straightforward commute to Melbourne’s CBD.
As a whole, the property presents an exceptional foundation whether the intention is to renovate, develop, or build a bespoke family home in a pocket of proven growth and high desirability.
Local Market Insights
In Doncaster, Quiet Listings observed 23 new houses entering the market over the last 30 days, up from 19 during the previous 30-day period, with an average advertised asking price of $1,533,478. The property type mix of listed properties is predominantly Houses at 59%, followed by townhouses (18%), and apartments (13%). The most active agency for houses in the Doncaster area is currently Jellis Craig, representing 48% of new listings, followed by Barry Plant with 13%. 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.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
This property has had 2 previous open for inspections. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.
Location
Market Insights for Doncaster VIC 3108
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