26 Kelvin Grove, South Morang VIC 3752
26 Kelvin Grove, South Morang VIC 3752
6-bed double-storey | 271sqm on 603sqm | 45% site coverage | FTTP + 5G | sought-after primary zone
This property offers a rare configuration advantage: six bedrooms on a compact footprint with only 45% site coverage, meaning the house occupies less than half the block. For a buyer, that signals usable outdoor space and potential for future extension or landscaping without compromising the existing floorplan. The double-storey design with three lower-level bedrooms suits families needing separation between living and sleeping zones, and the renovated kitchen with solar panels reduces ongoing costs. It serves best for a multigenerational household or an investor targeting the family rental market in a well-zoned location.
The primary risk is the 2020 last sale price—without a more recent transaction, the valuation range of $883,000–$970,000 may feel wide, and the buyer should verify comparable sales from 2024–2025. The 45% coverage also limits further building expansion without planning approval. However, the absence of bushfire, flood, or heritage overlays removes major insurance or development hurdles. For a buyer, this property should be held as a long-term family home or rented for steady yield, with the floorboards and solar panels providing low-maintenance ownership.
Detailed Independent Property Report prepared by PropCred Analyst team for 26 Kelvin Grove, South Morang VIC 3752
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
South Morang is an established family suburb with strong transport links and quality schooling options, positioning it as a key residential hub in Melbourne’s north. Demand is primarily driven by young families and owner-occupiers seeking detached housing, supported by above-average household incomes. The market has demonstrated robust price growth, with houses transacting relatively quickly, indicating sustained buyer appetite. Future demand is underpinned by population growth and infrastructure, though affordability pressures and sensitivity to interest rates present notable constraints on further expansion.
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PropCred Estimated Value
Bedrooms
6
Bathroom
2
Parking
3
Land
603m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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