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About this property
Positioned in one of Blackburn's most connected and consistently high performing pockets, this 1,380sqm landholding with approved plans for 22 apartments offers a turnkey development opportunity in a suburb with proven depth of demand. The site's immediate access to Laburnum Station, Whitehorse Road bus routes, Blackburn Station Village, and major retail hubs including Box Hill Central and Westfield Doncaster ensures strong appeal for both owner occupiers and renters. Zoning for top tier schools such as Box Hill High, Laburnum Primary, and Blackburn Primary and High Schools further enhances long term desirability and resale confidence. With Melbourne's eastern corridor continuing to benefit from infrastructure investment and sustained population growth, this address presents a compelling proposition for developers seeking a project with clear fundamentals and a strong exit profile. Investment Highlights Approved plans for 22 apartments eliminates planning risk and accelerates project commencement High demand location with strong rental absorption and proven resale performance Walkable transport connectivity supporting premium tenant and buyer appeal Established education and retail amenity underpinning long term value stability Blue chip eastern suburb with limited comparable development opportunities For developers seeking a project with minimal planning friction, strong market fundamentals, and long term capital growth potential, 2 Sergeant Street stands out as a rare and strategic acquisition.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Listed
- 3 months ago
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Neighbourhood
Living in Blackburn
This land in Blackburn, VIC 3130 sits within reach of public transport, local shops and nearby schools.
Schools near Blackburn
- Blackburn Lake Primary Schoolprimary · Prep-6 · CoEd
- Blackburn Primary Schoolprimary · Prep-6 · CoEd
- Laburnum Primary Schoolprimary · Prep-6 · CoEd
- St Thomas the Apostle Schoolprimary · Prep-6 · CoEd
- Blackburn High Schoolsecondary · 7-12 · CoEd
What's nearby
- Blackburn 3 (train) — 782 m away
- Unnamed — 713 m away
- Elmhurst Basin Reserve — 410 m away
- Unnamed — 451 m away
- Unnamed — 611 m away
Blackburn at a glance
Full suburb profile- Population
- 14,478
- Median age
- 41
- Household income
- $2,065/wk
- Median rent
- $411/wk
- Median mortgage
- $2,208/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Blackburn price trend
Median sold · House 4 bed
Compound growth -1.4% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Blackburn marketSide-by-side analysis
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