22 Kruses Road, North Warrandyte VIC 3113

Renovated house | park-like acreage | bushland backdrop | semi-rural Warrandyte This property offers a rare combination of a fully renovated house on over 6,000 square metres of usable land, which is increasingly difficult to find in the North Warrandyte market. The park-like grounds with a bushland backdrop provide immediate lifestyle appeal and a sense of privacy that buyers in this corridor prioritise. For a growing family or someone seeking a semi-rural retreat within commuting distance of the city, the configuration here is competitively strong—the floorplan is modernised and move-in ready, removing the typical cost and delay of post-sale renovation. The land itself is the primary value driver, not the house, and that positions the buyer well for future capital growth in a tightly held pocket. The main risk is the variability in bedroom and bathroom counts across listings, which may indicate that parts of the house were added or adapted without full council approval—this should be verified before exchange. The 2016 purchase price of $820,000 and current estimates around $1.4 million suggest solid appreciation, but the market for larger blocks in this area can be slower to liquidate. The opportunity lies in holding the property as a long-term family home or, with subdivision potential if zoning permits, unlocking further value. Treat this as a lifestyle acquisition with land-banking logic, not a short-term flip.