You have two options to consider for this property. Firstly, you can choose to renovate or extend the existing dwelling, which features multiple levels. Upstairs, you'll find three bedrooms alongside the kitchen, family, and lounge area. Downstairs offers another three bedrooms, along with a retreat, bar, and convenient access to a pool just outside.
Alternatively, you may opt to knock down the current structure and rebuild your dream home. With an expansive 853 square meter building envelope, the possibilities for creating your ideal living space are virtually limitless. The potential for a gated community adds an extra layer of exclusivity and security to this remarkable opportunity. Moreover, the property is thoughtfully zoned for esteemed educational institutions, including Park Orchards Primary School and Mullauna Secondary School. Additionally, the prestigious Whitefriars College is within walking distance, further enhancing the appeal and convenience of this exceptional location.
Please see 1&3/39-40 Edward Street, Donvale (https://www.realestate.com.au/property-residential+land-vic-donvale-203986484) for an opportunity to also purchase lot 1 & 3.
We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.
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 5,589 properties. Over the last 5 years, Houses in Donvale have seen a 26.21% increase in median value, while Units have seen a 21.32% increase. As at 30 November 2025:
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