22 Leawarra Way, Clifton Springs VIC 3222

22 Leawarra Way, Clifton Springs VIC 3222
| 4-bed, 1-bath Clifton Springs | 581mยฒ, low-maintenance yard | Ducted heating, split-system cooling | 33% site coverage, solid bones This property sits in a street where 43% of neighbours have held for over a decade, signalling a settled pocket with low turnover and compounding demand. The single-storey layout on a 581mยฒ block with a 192mยฒ footprint gives a buyer genuine family utility without the maintenance burden of a larger site. The zoning to Drysdale Primary and Bellarine Secondary College, both within reasonable distance, anchors its appeal to young families and investors targeting the rental demographic. The 1990 build with ducted heating, split-system cooling, and a double remote garage represents a turnkey proposition , no immediate capital works required, which reduces holding risk for a first-home buyer or a cashflow-focused investor. The primary risk is the single-bathroom configuration in a four-bedroom house, which will limit appeal to larger families or tenants willing to pay a premium. Comparable sales on the street , a 4/2/2 at $600k and a 3/1/1 at $550k , suggest the market has already priced this limitation, with the mid-estimate of $615kโ€“$638k sitting between those benchmarks. The 2003 purchase price of $197k implies significant land value uplift, but the 23-year hold means any future growth will depend on suburb trajectory rather than catch-up. The opportunity lies in the low turnover street and steady 5โ€“7% annual growth in nearby sales; a buyer holding for five to seven years should see moderate capital gains, especially if they improve the bathroom or convert part of the garage into additional living space. Use this property as a long-term hold in a stable corridor, not a quick flip.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 22 Leawarra Way, Clifton Springs VIC 3222
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Market Insight:

Clifton Springs is a mature, owner-occupied coastal community attracting established, professional couples seeking a lifestyle change. This demographic is driving stable demand, supported by strong long-term capital growth, though recent price momentum has softened. Future growth is underpinned by its established character and limited rental supply, yet the market faces headwinds from its sensitivity to economic conditions and a constrained rental pool.
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PropCred Estimated Value

Bedrooms

4

Bathroom

1

Parking

2

Land

580mยฒ

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