655 Springvale Road, Vermont South, Vic 3133-Image

For Sale

Gross Waddell Residential Pty Ltd - MELBOURNE

655 Springvale Road, Vermont South, Vic 3133

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Residential Land

Type

3,495 m²

Area

Published on Friday, April 24, 2026 ( See property details for 655 Springvale Road, Vermont South, Vic 3133)

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 3,495 sqm residential land parcel in Vermont South with excellent development prospects and prime location near amenities and schools.

🏡 Property Highlights

Generous landholding of 3,495 sqm offering development potential
Favourably zoned NRZ – Neighbourhood Residential Zone for diverse outcomes
Proximity to major shopping centres including Glen Shopping Centre and Burwood One
Close to well credentialed schools such as Glen Waverley High School and Highvale Secondary
Located near multiple parks and sporting facilities including East Burwood Reserve
Strategically positioned near business hubs like Tally Ho Business Park and World Vision HQ

✨ Key Features

Outdoor Area
Open-Plan Living
Waterfront / Views
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Walkability Score
Pet-Friendly
Low-Maintenance Yard

Suburb and Property Insights of Vermont South, VIC 3133

Vermont South is a highly sought-after suburb known for its family-friendly environment, excellent schools, and abundant parklands. It offers convenient access to major shopping centres, public transport, and recreational facilities, making it ideal for both families and investors seeking a well-connected lifestyle. The area boasts a median house price of $1,400,000, with neighboring Glen Waverley exceeding $1,700,000, reflecting its premium appeal. Its strategic location ensures easy access to employment hubs and quality amenities, fostering a vibrant community atmosphere.

Frequently Asked Questions

What are the development possibilities for this land?

The land is favourably zoned NRZ – Neighbourhood Residential Zone, providing scope for a variety of development outcomes subject to council approval.

Is the property suitable for investment purposes?

Yes, with its large landholding, strategic location near amenities, and development potential, this property presents a strong investment opportunity.

What amenities are nearby?

The property is close to major shopping centres like Glen Shopping Centre and Burwood One, well credentialed schools, parks, sporting facilities, and business hubs.

Are there any restrictions or approvals required?

Development is subject to council approval, and prospective buyers should verify zoning and planning regulations with local authorities.

What is the condition of the land?

The property is vacant land with development potential; specific site conditions should be assessed during inspections.

What to ask about this property to agent?

Are there any existing easements, covenants, or zoning restrictions that could affect development plans? Has the land been tested for soil stability or contamination? Are there any nearby construction projects or planned developments that could impact the property? What are the council requirements and approval processes for development? Is there any history of flooding or bushfire risk in this area? Are there any additional costs such as levies or infrastructure charges associated with the property? What are the access rights and road conditions for the property? Are there any existing utilities connected or available on the land? Is the property subject to any strata or community title regulations? What is the walkability score and public transport accessibility in the area?

655 Springvale Road, Vermont South, Vic 3133 - More Details

Contact Agent

Gross Waddell ICR is pleased to offer for sale 655 Springvale Road, Vermont South, as part of the Fire Rescue Victoria Portfolio. Positioned near the corner of Springvale Road and Highbury Road, the development potential for this site is immense. With well credentialed schools, major shopping centres, parklands, and sporting fields all within proximity, this location is perfectly positioned for a well-balanced lifestyle.

Key Features:

• Generous landholding of 3,495 sqm*

• Favourably zoned NRZ – Neighbourhood Residential Zone, providing scope for a myriad of development outcomes

• The prominent Glen Shopping Centre and its surrounding infrastructure only 1.5 km* from site

• East Burwood Reserve with an athletics track, basketball stadium, and sporting fields in close proximity

• Burwood One Shopping Centre with a 24-hour Kmart only 1.75 km* away

• Tally Ho Business Park, World Vision HQ and other offices all within a two-minute drive of the site

• Well credentialed schools in Glen Waverley High School, Highvale Primary School & Highvale Secondary all within 3km of the subject site

• Great parks including Billabong Park, Highview Park and Larpent Reserve all within walking distances

• Vermont South boasts a median house price of $1,400,000 and neighbours Glen Waverley with a median house price over $1,700,000 (source REIV)

The property will be sold via a Public Tender, closing Thursday the 28th of May at 12:00pm. For further information, or to arrange an inspection, please contact the team at Gross Waddell ICR directly.

Nick Meadows 0430 530 088
Danny Clark 0448 066 889
Glenn Ye 0400 880 388

*approximate
STCA - Subject to Council Approval

Type: Residential Land
Area: 3,495 m²

Price guide

View Statement Of Information

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