property
Collingwood's Overlooked Suburb on the Cusp of Rezoning
The pocket near Easey Street and Wellington Street faces a July 22 council vote that could shift it from industrial to mixed residential use.
How we reported this
The Collingwood City Council will vote July 22 on rezoning the industrial pocket near Easey Street from light manufacturing to mixed residential and commercial use.
Collingwood's real estate market has stayed active through the first half of 2026, with buyers seeking affordable entry points close to existing transport links. The rezoning push follows a May planning review that flagged underused warehouse blocks for higher-density housing to meet local demand.
Planners point to the Collingwood Leisure Centre on Hoddle Street as one anchor that would gain new residents within walking distance. The Peel Street Traders Association has also submitted comments on how ground-floor retail could expand once height limits rise from three to six storeys.
Local anchors and daily life
Victoria Park Station sits two blocks south of the proposed zone and already records 4,200 weekday boardings. Residents use the nearby Collingwood Children's Farm on St Heliers Street for weekend markets that draw 1,800 visitors on average. These fixed points give the overlooked blocks a ready-made catchment once apartments replace the older sheds.
Current listings show three warehouse conversions on Easey Street marketed at $1.05 million to $1.3 million, all under contract within 18 days. Median unit prices across the immediate precinct reached $785,000 in the June quarter, up 9 percent from the same period in 2025.
Next steps for buyers and owners
Property owners inside the rezoning boundary can lodge submissions until July 15 through the council's online portal. Prospective buyers should review the draft planning scheme at the Collingwood Town Hall counter before the vote, as approved changes would take effect by September.
Agents recommend checking flood overlays and heritage listings on individual titles first. Those steps will determine which blocks gain the clearest upside from the shift in permitted uses.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.