102 Oakwood Road, Albanvale VIC 3021

Detonate or renovate.

House
Type
3
Bedrooms
2
Bathrooms
2
Parkings

Last updated on Saturday, September 12, 2026 ( See property details for 102 Oakwood Road, Albanvale VIC 3021)

$500,000

Jenaya Lambert Executive Assistant to Darren Lambert
Jenaya Lambert Executive Assistant to Darren Lambert
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile redevelopment-ready property on a spacious 533m2 allotment in the high-demand suburb of Albanvale, ideal for builders, developers, and investors seeking future growth opportunities.

🏑 Property Highlights

  • Generous 533m2 allotment offering versatile development potential
  • Redevelopment ready site suitable for custom single or double-storey homes
  • Existing floor plan includes 3 bedrooms, master with ensuite and walk-in robe
  • Prime high-demand location with strong rental yield and land appreciation
  • Close to shopping centres, schools, and recreational facilities
  • Excellent transport links to train stations and major roads

✨ Key Features

  • Ensuite
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Garage / Secure Parking
  • Internal Laundry
  • Pet-Friendly
  • Security Screens / Gates
  • Fly Screens
Latest Aerial Imagery Available
102 Oakwood Road
Albanvale, VIC 3021
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Vertical aerial view β€” 102 Oakwood Road
102 Oakwood Road — Vertical Aerial  •  Albanvale, VIC 3021  •  Nearmap © 2026

Albanvale is a rapidly growing suburb offering excellent connectivity to Melbourne CBD via major transport routes. It features a mix of family-friendly parks, quality schools, and shopping centres, making it ideal for families and investors alike. The area’s strong rental demand and land appreciation prospects make it a highly attractive location for future development. Local amenities and recreational facilities ensure a convenient lifestyle for residents. With ongoing infrastructure improvements, Albanvale continues to present promising growth opportunities.

What are the potential development options for this property?
The property is ideal for demolishing the existing structure to build a custom single or double-storey home, or exploring multi-dwelling development options (subject to council approval).
Is the property suitable for investors?
Yes, the high-demand location, strong rental yield potential, and land appreciation make it an excellent investment opportunity.
What amenities are nearby?
The property is close to Brimbank Shopping Centre, local cafes, Albanvale Primary School, childcare centres, parklands, and has easy access to train stations and major roads.
Can I build a multi-unit development on this site?
Yes, multi-unit development is possible subject to council approval, offering potential for high-yield investment or multiple dwellings.
What is the condition of the existing house?
The existing house features 3 bedrooms, a master with ensuite and walk-in robe, a central living area, study, main bathroom, and laundry, providing a comfortable living space or a solid foundation for redevelopment.
Are there any zoning restrictions or planning overlays that could affect redevelopment plans? What are the council requirements and approval processes for multi-dwelling developments? Are there any easements, covenants, or land restrictions on the property? Has the property been affected by flooding or bushfire risks? Are there any upcoming planning or construction projects in the vicinity that could impact the property’s value or livability? What are the total costs involved in redevelopment, including council fees and permits? Is there any history of structural issues or repairs needed for the existing house? Are there any hidden costs associated with the property, such as outstanding rates or levies? What is the condition of the land and are there any environmental concerns? Is the property part of a strata or community title scheme, and what are the associated fees or restrictions?

102 Oakwood Road, Albanvale VIC 3021 - More Details

Detonate or renovate.

Positioned in a high-demand pocket of Albanvale, 102 Oakwood Road presents an outstanding opportunity for builders, developers, and savvy investors looking to capitalize on pure land value. Sitting on a regular-shaped 533m2 allotment, the site offers a clean slate to unleash its full potential.
Whether your plan is to demolish the existing structure and construct a modern luxury family home, or explore high-yield multi-dwelling development options (Subject to Council Approval), this property holds the key to your next successful project.
Property Highlights:
Generous Land Size: 533m2 (approx.) allotment providing a versatile footprint for future builds.
Redevelopment Ready: Ideal site for a custom single or double-storey home, or potential multi-unit project (STCA).
Existing Floor Plan: Features 3 bedrooms (master with ensuite and walk-in robe), central living area, dedicated study, main bathroom, separate laundry, and off-street double car parking.
High-Demand Location: Fast-growing area with strong rental yield potential and land appreciation.
Unbeatable Convenience:
Shopping & Amenities: Minutes to Brimbank Shopping Centre, local cafes, and everyday essentials.
Schools & Recreation: Close to Albanvale Primary School, local childcare centers, and surrounding parklands.
Transport Links: Easy access to St Albans & Deer Park Train Stations, local bus routes, and the Western Ring Road for a swift CBD commute.
Opportunities to secure land with this level of potential in Albanvale are increasingly rare. Inspect today and start planning your next move!

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We make no representation or warranty as to the accuracy, reliability or completeness of the information relating to the property. Some information has been obtained from third parties and has not been independently verified. Accordingly, no warranty, representation or undertaking, whether express or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this, or any further information supplied by or on our behalf, whether orally or in writing.

Notice to Prospective Buyers: Some images contained in this listing feature virtual staging, including digitally added furniture, decor, and structural finishes. These images are intended solely as a visual guide to demonstrate the property's layout and potential. They do not represent the current physical condition, inclusions, or furnishings of the home. Prospective buyers are encouraged to conduct an in-person inspection to verify the actual condition, measurements, and inclusions of the property prior to purchase.

No entity or person guarantees the performance of the property. The information is general information only and any examples given are for illustrative purposes. The information does not take into account your individual objectives, financial situation or needs. We recommend that you obtain financial, legal and taxation advice before making any decision. Any price is not a valuation and should not be relied on or treated as such. Prices, if indicated, have been estimated based on recent market evidence in the locality for comparable properties, to the extent available. Prices may not include GST.
Type
House
Bedrooms
3
Bathrooms
2
Parkings
2
Area
0.0

Inspections times

  • 102 Oakwood Road, Albanvale VIC 3021

    Saturday 19 September
    10:00 am - 10:45 am

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