3 Moreton Drive, Donnybrook VIC 3064

Freshly built 4-bed on 397sqm | 25.4 squares of living | premium finishes in growth corridor | off-market opportunity with no prior sales history The property presents a rare buying position in Donnybrook’s active estate market: a brand-new house with 25.4 squares of internal space on a manageable 397sqm lot, finished with stone benchtops, walk-in pantry, and zoned ducted heating and cooling. For a buyer seeking a turnkey family home that avoids the delays and cost overruns of building, this configuration offers immediate occupancy with a layout that suits both owner-occupiers and investors targeting the rental demand corridor north of Melbourne. The off-market status suggests the seller may be motivated, and the absence of prior sales history means no inflated price anchor from a previous transaction. The primary risk is the lack of comparable sales evidence on this specific street, combined with the property being withdrawn from active listing , this could indicate price resistance or a seller testing the market without commitment. The bushfire overlay adds a due diligence requirement for insurance and future development, though the absence of flood or heritage constraints is favorable. For an investor, the estimated $540pw rent offers a gross yield near 4% at the lower end of the price band, which is competitive for a new build in a growth corridor. Hold for capital appreciation as the estate matures and infrastructure fills in; if buying, negotiate firmly against the estimated $743,000 valuation, targeting the $670k-$699k band to build equity from day one.