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Location
Market Insights for Donvale VIC 3111
New Listings (last 30 days)
4
Average price
$1,007,500
Lowest price
$700,000
Highest price
$1,650,000
Other properties in this postcode

1/38 Chippewa Avenue, Donvale VIC 3111

$700,000 - $770,000

Listed: 2 days ago
Overview

This listing presents a rare opportunity to purchase vacant land in a prime Donvale location, offering a blank canvas upon which to build a luxury, custom-designed home tailored to your exacting standards. Situated surrounded by quality homes and lush reserves, the site offers an enviable lifestyle environment combining natural beauty with convenience.

The benefit of a fresh start in this premium locale allows you to create a residence to match your vision, whether you are a discerning homeowner or an astute investor seeking strong rental returns and potential tax advantages with depreciation benefits (subject to council approval).

  • Set within a quiet, established street in Donvale, renowned for its family-friendly atmosphere and proximity to reputable educational institutions including Mitcham Primary and Mullauna Secondary Colleges.
  • Close to local shopping hubs and transport links, with easy access to more extensive retail and recreational amenities such as Tunstall Square and Eastland Shopping Centres.
  • Offers flexibility and freedom in home design, with a footprint suitable for an impressive custom build.

This land parcel is ideal for those looking to capitalize on Donvale's desirable location and robust property market, whether building a forever family home or a smart high-yield investment. The quiet street setting and natural surroundings add to the tranquil lifestyle appeal, while proximity to schools and shops supports everyday convenience and long-term growth potential.

Local Market Insights

In Donvale, Quiet Listings observed 4 new parcels of land entering the market over the last 30 days, with an average advertised asking price of $1,007,500. The property type mix of listed properties is predominantly Houses at 68%, followed by land (21%), and townhouses (5%). The most active agency for land in the Donvale area is currently Hoskins Real Estate, representing 50% 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.