A significant landholding opportunity has presented itself in a sought-after pocket in one of the East's most desirable suburbs.
Spanning an incredible 1.37ha of prime residential land - some of the last of its kind - plans & permits have been approved for 35 different townhouses which, when built, will constitute one of the most unique residential opportunities available in the Donvale quarter.
This exceptional pocket is in high-demand by families, and for good reason. Walking distance from the highly-acclaimed Mullauna College & Mitcham Primary School, it remains within minutes of leading private schools Yarra Valley Grammar & Whitefriars College. Selling these diverse and unique packages will prove incredibly easy.
The Eastlink Trail sits less than 200m away before opening directly onto Mullum Mullum Reserve. This pocket promotes easy access to Mitcham Plaza, Tunstall Square, and Eastland SC.
The size of Donvale is approximately 11.7 square kilometres. It has 26 parks covering nearly 10.8% of total area. The population of Donvale in 2016 was 12347 people. By 2021 the population was 12644 showing a population growth of 2.4% in the area during that time. The predominant age group in Donvale is 50-59 years. Households in Donvale are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Donvale work in a professional occupation.In 2021, 80.10% of the homes in Donvale were owner-occupied compared with 80.50% in 2016.
Donvale has 5,590 properties. Over the last 5 years, Houses in Donvale have seen a 11.24% increase in median value, while Units have seen a 13.30% increase. As at 31 March 2026:
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