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2/38 Drummond Street, Greenvale$1.15m
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2/38 Drummond Street

Greenvale, VIC 3059, Australia
$1.10m – $1.20m
2000 m²

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About this property

Set in one of Greenvale's most desirable pockets, Greenvale, this exceptional half-acre (approx. 2,000sqm) allotment at 38 Drummond Street presents a rare opportunity to secure a substantial parcel of land in a tightly held location. Offering generous proportions and endless potential, this expansive block provides the perfect canvas to design and build your dream residence with room for luxurious outdoor living, landscaped gardens, a pool, or additional lifestyle features (STCA). Opportunities of this size are becoming increasingly scarce in such an established and prestigious neighbourhood. Positioned for convenience and lifestyle, the property enjoys close proximity to local shopping precincts including Greenvale Shopping Centre, quality schools such as Aitken College, and scenic outdoor spaces like Greenvale Reservoir Park. Easy access to major arterials also provides a straightforward commute to the CBD and Melbourne Airport. Whether you're looking to build a luxury family home or secure a large landholding in a premium location, 38 Drummond Street, Greenvale represents an outstanding opportunity to create something truly special.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
2000 m²
Listed
3 months ago

Repayment calculator

$5,575/month
$2,788 /fortnight
Loan $920,000 at 6.10% over 30 years

Upfront costs

Deposit$230,000
Stamp duty$63,250
Conveyancing (est.)$2,000
Total upfront$295,250
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Greenvale

This land in Greenvale, VIC 3059 sits within reach of public transport, local shops and nearby schools. It is listed 20% above the $960,000 median of 70 comparable landswithin 5 km.

Schools near Greenvale

  • Aitken Collegecombined · Prep-12 · CoEd
  • Greenvale Primary Schoolprimary · Prep-6 · CoEd
  • Keelonith Primary Schoolprimary · Prep-6 · CoEd
  • Mary Queen of Heaven Catholic Primary Schoolprimary · Prep-6 · CoEd
  • St Carlo Borromeo Schoolprimary · Prep-6 · CoEd
  • Greenvale Secondary Collegesecondary · 7-10 · CoEd

What's nearby

  • Elphinstone Boulevard/Glencairn Drive (bus)994 m away
  • Coles2.2 km away
  • Unnamed1.4 km away
  • Greenvale Drive Linear Trail1.4 km away
  • Unnamed1.6 km away

Greenvale at a glance

Full suburb profile
Population
21,274
Median age
35
Household income
$2,262/wk
Median rent
$430/wk
Median mortgage
$2,167/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Greenvale price trend

Median sold · House 4 bed

Compound growth -0.2% / yr over 4 yrs

$870kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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