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Development Sites in Melbourne from Permit Ready

452-456 Bridge Road, Richmond VIC 3121

  • Permit Approved Six (6) level mixed use development - 2 commercial units plus 27 residential apartments
  • Id: #6439
  • Price: Contact Agent
  • Contract: Sale
  • Location: RICHMOND, VIC 3121
  • Area: 856 sqm (*approx)
  • Type: Mixed Use,
  • EOI
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765, 767 & 769 Toorak Road, Hawthorn East VIC 3123

  • Permit Potential Flexible Mixed Use Zone on 1,155sqm approx
  • Id: #6438
  • Price: Contact Agent
  • Contract: Sale
  • Location: HAWTHORN EAST, VIC 3123
  • Area: 1155 sqm (*approx)
  • Type: Residential, Mixed Use,
  • EOI
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335 Maroondah Highway, CHIRNSIDE PARK, VIC 3116

  • Permit Potential Council Approved Development Plan: Retail: 10,000sqm* Office: 15,000sqm* Residential: 30,000sqm*
  • Id: #6437
  • Price: Contact Agent
  • Contract: Sale
  • Location: CHIRNSIDE PARK, VIC 3116
  • Area: 40000 m2 (*approx)
  • Type: Mixed Use,
  • EOI
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1781 Ferntree Gully Road, Ferntree Gully VIC 3156

  • Permit Approved Four dwellings.
  • Id: #6436
  • Price: Contact Agent
  • Contract: Sale
  • Location: FERNTREE GULLY, VIC 3156
  • Area: 1259 sqm (*approx)
  • Type: Residential,
  • $ $950,000 Plus
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800 & 820 Somerton Road, Greenvale VIC 3059

  • Permit Potential Urban Growth Zone 15.26 Hectares (*approx)
  • Id: #6434
  • Price: Contact Agent
  • Contract: Sale
  • Location: GREENVALE, VIC 3059
  • Area: 15.26 hectares (*approx)
  • Type: Residential,
  • Public Tender
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1-5 Lignum Road, Point Cook VIC 3030

  • Permit Potential 24 Ha* part of Aviators Field PSP.
  • Id: #6429
  • Price: Contact Agent
  • Contract: Sale
  • Location: POINT COOK, VIC 3030
  • Area: 24 hectares (*approx)
  • Type: Commercial, Residential,
  • EOI
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152 Andersons Creek Road, Doncaster East, Vic 3109

  • Permit Potential 12,670 sqm* development site already zoned Residential Growth (RGZ2)
  • Id: #6430
  • Price: Contact Agent
  • Contract: Sale
  • Location: DONCASTER EAST, VIC 3109
  • Area: 1.27 hectares (*approx)
  • Type: Mixed Use,
  • EOI
  • Message Agent

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Parkside Supersite, Ivanhoe East VIC 3079

  • Permit Potential High-end apartment, townhouse or aged care development, or a combination of all three (STCA)
  • Id: #6428
  • Price: Contact Agent
  • Contract: Sale
  • Location: IVANHOE EAST, VIC 3079
  • Area: 1.52 hectares (*approx)
  • Type: Commercial, Residential, Mixed Use,
  • EOI
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16 Weber Street, Brighton East VIC 3187

  • Permit Approved Luxury 4 Bedroom Townhouse
  • Id: #6427
  • Price: Contact Agent
  • Contract: Sale
  • Location: BRIGHTON EAST, VIC 3187
  • Area: 270 sqm (*approx)
  • Type: Residential,
  • Contact Agent
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111 Lemont Avenue, Mount Waverley 3149

  • Permit Approved Planning Permits Approved & Endorsed for 3 x three-bedroom with double garage townhouses.
  • Id: #6426
  • Price: Contact Agent
  • Contract: Sale
  • Location: MOUNT WAVERLEY, VIC 3149
  • Area: 817 sqm (*approx)
  • Type: Residential,
  • Auction
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23-25 Crawley Street Reservoir Vic 3073

  • Permit Potential Development site RZG2 Zoning (STCA)
  • Id: #6424
  • Price: Contact Agent
  • Contract: Sale
  • Location: RESERVOIR, VIC 3073
  • Area: 1064 sqm (*approx)
  • Type: Residential,
  • Auction
  • Message Agent

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192 Edwardes Street, Reservoir

  • Permit Potential Development site RZG4 Zoning (STCA)
  • Id: #6423
  • Price: Contact Agent
  • Contract: Sale
  • Location: RESERVOIR, VIC 3073
  • Area: 1041 sqm (*approx)
  • Type: Mixed Use,
  • Auction
  • Message Agent

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Obtaining Development Sites

What is a development site?

A development site encompasses a range of property types, including raw land, improved land, or land with existing buildings situated on it - regardless of the type of configuration of the land, value can be added through subdivision, demolition, remodeling, land banking or construction of real property.

How to find development sites?

Choosing the most suitable development site or area to develop your property is critical to the overall success of your property. The number one component in any development site should always be market research.

Typically, developers look for one or more of the following:

  • Future council or government approval for redevelopment
  • Strong future growth potential in property values
  • Growing population including young families or downsizers, depending on the project
  • An abundance of infrastructure including transport, schools, shopping centres, sporting clubs, open spaces and the like
  • Strong levels of local employment

Why should I buy a property with development approval?

Property developers and investors purchase sites with existing council approval in order to avoid lengthy delays and uncertainty - a process aptly entitled risk mitigation or minimisation. Purchasers are generally willing to pay over market value for these sorts of properties given the ability for immediate construction activity and pre-sales marketing to occur.

How much do development approved sites cost?

Obtaining development approval can greatly appreciate the value of land. Costs of development sites vary heavily from location, size, potential yield and resales.

Where should I buy a property development site?

Australian development sites are experiencing unprecedented demand from both local and international investors, yet finding these lucrative properties can be a challenging experience for both buyers. By visiting permitready.com.au, buyers are able to browse through hundreds of development projects from across Australia within an intuitive, single interface designed from the ground up.

Which areas are popular for property development in Victoria?

Australia’s best growth suburbs under:

VIC
  • Box Hill
  • Frankston
  • Bendigo
  • Geelong West
  • Malvern East
  • SA
  • Goodwood
  • North Adelaide
  • Port Lincoln
  • Mount Gambier
  • Plympton

Is Commercial or Residential Property Development better?

Like most investments, there are pro’s & con’s for investing in both commercial or residential properties.


Whilst commercial property investment often boasts a higher return on investment, there is also a higher risk of vacancy.


In residential property development, there is typically a reasonable to strong level of demand depending on the economic climate, however there also exists greater competition within the market for each project, meaning buyers have a range of projects to choose from when considering their next purchase.