Issue 71 I The Property Development Review

Development Sites - National

5 DEVELOPMENT SITES ANCHORED IN AUSTRALIA’S MOST ACTIVE URBAN PRECINCTS

Prepared by Ready Media Group

Across Australia’s major cities and regional centres, development activity continues to concentrate around well-connected urban hubs and established activity centres. This week’s selection highlights five sites positioned within these high-demand locations, each offering developers access to strong catchments, infrastructure and long-term growth fundamentals.

550 Swanston Street, Carlton VIC 3053

Brought to market by Savills Tim Grant, Linc Reynolds, Tom O'Halloran and Benson Zhou. Located within Melbourne’s tightly held Carlton precinct, this site benefits from immediate proximity to major universities, hospitals and the CBD. Swanston Street is one of Melbourne’s most prominent inner-city corridors, supporting strong demand for residential, student accommodation and mixed- use development. The property’s positioning within a major education and health precinct underpins its long-term development potential.

8 – April / May 2026

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