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8 Laburnum Grove

Doveton, VIC 3177, Australia
$695,000
3 bed 1 bath 2 car805m²

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Area Price Guide
$653,300$736,700

Indicative price guide range

🏘️
77
Comparable
📊
$680,000
Area median
⚖️
+2%
vs median
📐
$863
Per m²
📏
805 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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About this property

Positioned in a quiet pocket of Doveton, this well-maintained residence presents an exceptional opportunity for developers, investors or forward-thinking buyers seeking strong future growth potential. Set on a substantial allotment, the property offers flexibility to move in, lease out, or capitalise on approved development plans. The existing home features a practical layout comprising three bedrooms, a central living area, functional kitchen with adjoining dining space, bathroom, separate WC and full laundry. A carport and workshop provide additional convenience and storage, while the generous land surrounding the home enhances its long-term value. What truly sets this property apart is its outstanding development potential. With plans and permits already approved for two additional units at the rear of the existing dwelling, the groundwork has been laid for a rewarding multi-unit project. Alternatively, buyers may explore the possibility to further maximise the site with a three-unit development (STCA), or retain the current residence and construct a new dwelling at the rear for dual occupancy flexibility. Key Features: -798sqm (Approx.) allotment -Three-bedroom existing residence with a functional floorplan -Central living area with adjoining dining -Well-positioned kitchen with ample space -Bathroom with separate WC -Full laundry -Carport plus separate workshop -Expansive allotment offering outstanding potential -Approved plans and permits for two units at the rear -Opportunity to explore three-unit development (STCA) -Ideal investment, development or land banking opportunity -Prime location Situated close to local schools, parks and shopping amenities, the property enjoys easy access to Doveton College, Autumn Place Shopping Strip, Dandenong Plaza and major arterials including the Princes Highway and Monash Freeway. With strong demand in the area and continued growth across the South-East corridor, this is a rare opportunity to secure a property with immediate and future upside. Whether you choose to develop immediately or hold for future gains, this is a strategic acquisition in a high-growth pocket. DISCLAIMERS: Every reasonable effort has been made to ensure the accuracy of the information provided; however, neither the vendor, agent, nor agency makes any representation or warranty as to its completeness or correctness. The floor plans provided are for illustrative purposes only and should be treated as such. No liability is accepted for any inaccuracies or omissions in the details or dimensions represented. As the property may be subject to private inspections, the sale status could change prior to scheduled Open Homes. Prospective buyers are advised to verify the current availability of the property before attending any inspection.

Property Features

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    Repayment calculator

    $3,369/month
    $1,685 /fortnight
    Loan $556,000 at 6.10% over 30 years

    Upfront costs

    Deposit$139,000
    Stamp duty$36,770
    Conveyancing (est.)$2,000
    Total upfront$177,770
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    1
    Parking
    2
    Land Area
    805m²
    Listed
    2 months ago

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