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Developers swoop on $200m of outer Melbourne housing sites

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Melbourne developer Jinding has ended 2021 with a bang after agreeing to pay $130 million for two land parcels in the city’s outer north that will support almost 700 homes.

The acquisitions of a 57-hectare site at 1240 Mickleham Road in Greenvale and a 28-hectare parcel at 65 Bodycoats Road in Wollert are the fifth and sixth sites acquired by Jinding this year.

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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com

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    Original URL: https://www.afr.com/property/residential/developers-swoop-on-200m-of-outer-melbourne-housing-sites-20211214-p59hfq