This article is from the Australian Property Journal archive
NEARLY eight months after being put to the market, at 23.32-hectare landholding in Melbourne’s northern fringe suburb of Yan Yean will go to a receiver’s auction.
Conjunctional agents Paul Sutherland of Sutherland Farrelly and Rod Taylor of Ray White have changed tack for 2026 Donnybrook Road after marketing began in July.
The auction will be held on-site on Saturday, 2 March at 11am.
Covering three titles, the landholding is in a Green Wedge Zone subject to the Whittlesea Planning Scheme, and around 2.5 kilometres within the existing Urban Growth Boundary. It has a frontage to the southern side of Donnybrook Road and to Plenty Road, and is adjacent to the Plenty Valley Cemetery and Growling Frog golf course.
Parts of the land are elevated, offering views of the Yan Yean Reservoir. Current improvements include a three-bedroom cottage and workshop.
The latest Oliver Hume Quarterly Market Insights report showed that while median prices eased in some regions of Melbourne through the September quarter, land lots in Whittlesea saw a 0.9% increase for 8.2% annual growth.
Number 2026 is located at the eastern end of Donnybrook Road, an address that has seen several major sites to the west picked up by developers. They have included a 278-hectare site picked up by Boral and Mirvac, next to Mirvac’s 187-hectare Olivine estate, while the Dennis Family Corporation launched its 5,000-lot Peppercorn Hill community in May.
Late summer, Chinese developer Blueways Holdings paid $100 million for a 208-hectare parcel at 960 Donnybrook Road with Wolfdene from CVC Limited and Villa World, which could make way for a 2,000-home community with an end value of $800 million.
That followed Satterley Group’s $34 million purchase of a 68-hectare parcel at 1030 Donnybrook Road.
Australian Property Journal
