5 Aubin Court, Keysborough VIC 3173

5 Aubin Court, Keysborough VIC 3173
Land size mismatch | price above suburb average | no recent sale comp | limited on-market time This property sits on 667mΒ² yet carries a Domain estimate of $870,000, which is above the typical Keysborough house range despite its modest three-bedroom layout not supporting that premium. The neighbour at Number 6, at $874,000 with newer solar infrastructure, sets a tougher benchmark because it covers 51% of its smaller block and rents for up to $665 weekly, meaning you pay for land you cannot fully utilise unless rezoning occurs. The limited on-market presence of nine to eleven days suggests either the seller is testing above realistic levels or supply constraints are masking the true floor, so treat the asking guidance as negotiable downward; the property holds best as a long-term land bank for a patient buyer who can hold through any stagnation. The competitive strength here is the generous block size in a court location with mature timber floors and central heating, rare for this price tier in Keysborough, giving a buyer unique leverage to renovate or ultimately subdivide if council zoning shifts. The free-standing house form and solid kitchen layout serve a family end-user who values immediate occupancy over prestige, and the absence of overlays on the neighbour suggests minimal regulatory risk. One comparable from 4 April 2024 at neighbouring Number 3 sold on a 628mΒ² block, which confirms the land is the primary value engine rather than the dwelling itself; you should commission a title search and a structural inspection to verify foundation condition before making any offer, because behind the polished floors a hidden liability could turn this land play into a cost trap.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Keysborough presents as a family-oriented suburb with robust demand, evidenced by strong annual sales volumes and sustained price growth. This demand is primarily driven by owner-occupiers seeking larger homes, supported by solid rental yields that also attract investor interest. The market demonstrates resilience with consistent price appreciation, though recent data indicates a lengthening sales period for houses and a significant slowdown in unit activity, suggesting emerging affordability pressures and a potential shift in buyer sentiment. Future growth is underpinned by sustained rental demand, while key risks include sensitivity to interest rates and a notable cooling in the unit segment.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

667mΒ²

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat