A rare and exciting opportunity presents itself with these two adjoining properties, perfectly positioned in a quiet, established court. Together, 8 & 10 Ulmara Place offer a substantial combined landholding of approximately 1,314sqm, making it the ideal prospect for developers, investors, or those ready to create something truly special.
Set in a peaceful court surrounded by quality homes, this combined site provides endless potential for townhouse redevelopment, a luxury new home build, or a long-term investment strategy (STCA).
Moments from schools, parks, Keilor Central Shopping Centre, and public transport, this location combines suburban tranquility with everyday convenience a true standout for future growth.
Key Highlights:
- Two titles sold together
- Outstanding potential for redevelopment (STCA)
- Quiet, family-friendly location
- Close to shopping, schools, and major arterials
- Strong demand area with proven capital growth
Opportunities like this are rare, secure your position in one of Keilor Downs most tightly held pockets and create something truly exceptional.
Contact us today to discuss the potential of this remarkable dual-site offering
The size of Keilor Downs is approximately 4.7 square kilometres. It has 18 parks covering nearly 11.1% of total area. The population of Keilor Downs in 2016 was 9995 people. By 2021 the population was 9857 showing a population decline of 1.4% in the area during that time. The predominant age group in Keilor Downs is 60-69 years. Households in Keilor Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Keilor Downs work in a professional occupation.In 2021, 79.20% of the homes in Keilor Downs were owner-occupied compared with 77.90% in 2016.
Keilor Downs has 4,176 properties. Over the last 5 years, Houses in Keilor Downs have seen a 26.39% increase in median value, while Units have seen a 22.91% increase. As at 31 January 2026:
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