102 Sterling Dr, Keilor East is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 778m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Positioned on a substantial allotment of approximately 778sqm with a frontage of 15.24m and depth of 51.05m, this is a highly strategic acquisition for builders and developers seeking a near "shovel-ready" opportunity with reduced planning risk and clear delivery pathways.
The property is offered with an endorsed planning permit for the construction of two dwellings, providing immediate development certainty and a streamlined pathway to execution. The permit has been issued by Moonee Valley City Council for dual occupancy development .
Key Investment Highlights:
Permit & Timing Considerations:
The current planning permit is valid until 31 July 2026, providing a defined timeframe for commencement and completion.
Purchasers retain the ability to apply for an extension of the permit should they wish to preserve the approved plans and continue the development pathway, subject to council approval.
Flexible Strategy Options:
Developers can proceed immediately with the approved dual occupancy project, reducing lead time and accelerating return on capital.
Alternatively, the existing brick residence offers a practical interim solution for renovation or holding income, allowing flexibility while finalising build strategy or staging the development.
The Opportunity:
This is a well-positioned asset combining scale, approval and flexibility. With planning already secured and timeframes clearly defined, it presents a compelling proposition for both immediate development and longer-term strategic positioning.
For access to endorsed plans, permit documentation and further due diligence material, please contact Louis Saba at Harcourts Coburg on 0401 325 690
The size of Keilor East is approximately 9.7 square kilometres. There are 44 parks, covering nearly 35.8% of the total area. The population of Keilor East in 2016 was 14514 people. By 2021 the population was 15078 showing a population growth of 3.9% in the area during that time. The predominant age group in Keilor East is 40-49 years. Households in Keilor East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Keilor East work in a professional occupation.In 2021, 78.50% of the homes in Keilor East were owner-occupied compared with 79.10% in 2016.
Keilor East has 7,527 properties. Over the last 5 years, Houses in Keilor East have seen a 8.20% increase in median value, while Units have seen a 3.67% increase. As at 31 August 2026:
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