17 Lomandra Drive, Kialla VIC 3631

Large 1676sqm block in Riviera Park | Post-2019 build with 37% site coverage | Bushfire and flood overlays present | Prestigious estate with limited comparable stock The property’s primary competitive advantage is its substantial 1676sqm lot within a sought-after estate, combined with a modern 627sqm dwelling built after 2019. This configuration is rare in Kialla, offering buyers immediate habitable space and significant land for future subdivision or extension potential. The solar panels and FTTP connectivity add operational efficiency, while the estate’s prestige positioning and limited recent sales suggest low supply competition. This property best suits a buyer seeking a long-term family home with land banking characteristics, or an investor targeting the upper end of the local rental market. The detected bushfire and flood overlays represent material risk, potentially increasing insurance costs and limiting some development options. The current price guide sits well above automated valuations, indicating the seller is pricing for the land’s scarcity and prestige factor rather than recent comparable sales. A buyer should commission independent building and pest reports, and verify overlay-specific insurance premiums before proceeding. The property’s off-market history and short listing period suggest motivated selling, creating negotiation opportunity. Hold this property as a primary residence with a view to capitalising on future land value appreciation, or develop the rear portion if council permits allow.