42 Military Road, Avondale Heights VIC 3034

Vacant land on 585m² | Infill redevelopment site | Established family street | Owner-occupier and builder demand | No existing dwelling This is a rare offering of vacant land in a street that blends older family homes with newer townhouse infill, making it competitively positioned for either a custom new build or a knockdown-rebuild scenario. The 585m² lot is materially larger than the denser product appearing nearby, which gives it a flexibility edge for families seeking space or developers targeting a higher-value finished product. It serves best an owner-occupier wanting to design their own home in an established suburban pocket, or a builder looking to deliver a premium house on a substantial block. The value of this property may be influenced by the absence of an existing dwelling, meaning its price is driven almost entirely by land attributes and redevelopment potential rather than livable features. Buyers should weigh the cost of construction against the sale prices of comparable finished homes in the street, as the final investment will depend heavily on build budget and market conditions at completion. The mix of infill activity nearby suggests demand for new product is present, but the lack of immediate rental income until improved may affect short-term holding costs.