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Location

Market Insights for Kew VIC 3101

New Listings (last 30 days)

Average price

$3,379,063

Lowest price

$1,050,000

Highest price

$12,000,000

26-28 Florence Avenue, Kew VIC 3101

Expressions Of Interest

Search Band

$5M - $6M Medium Confidence Calculated based on our search observations.

House 3 beds 2 baths 2 cars 1270 m²

Listed: 6 days ago

Updated: 15 hours ago

Overview

Situated on a generous 1270sqm allotment with an impressive 24.7-metre frontage, this property offers a rare and versatile opportunity in Kew's prestigious enclave. The spacious land size provides ample freedom for a bespoke family residence or the option to develop three architecturally-designed boutique homes, subject to council approval.

Set amidst an established streetscape of grand period and contemporary homes framed by mature trees, this address enhances both privacy and character. Its size allows for expansive outdoor spaces that can be crafted into stylish entertaining zones, a swimming pool, or sports facilities, fostering an ideal lifestyle for families seeking comfort, recreation, and room to grow.

Strategically located within walking distance to elite schools, Kew Junction's retail and dining precincts, public transport, and Victoria Park, the property blends lifestyle convenience with community connectivity. Prospective developers will appreciate the significant groundwork already undertaken, with approved plans for multiple state-of-the-art boutique residences featuring basement parking and spacious interior living areas, reflecting modern executive living standards.

Whether envisioned as a single grand home or as a contemporary multi-dwelling development, this property stands out for its scale, location, and potential in one of Melbourne's most sought-after family neighborhoods.

Local Market Insights

In Kew, Quiet Listings observed 32 new houses entering the market over the last 30 days, up from 22 during the previous 30-day period, with an average advertised asking price of $3,379,063. The property type mix of listed properties is predominantly Houses at 64%, followed by apartments (22%), and townhouses (11%). The most active agency for houses in the Kew area is currently Marshall White, representing 31% of new listings, followed by Jellis Craig with 25%. 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.