17 Nirringa Drive, Hampton Park VIC 3976
17 Nirringa Drive, Hampton Park VIC 3976
5 beds | 3 baths | 690sqm land | FTTP NBN | near schools
This property offers a rare configuration edge in Hampton Park: five bedrooms and three bathrooms on a 690sqm lot, a combination that positions it well above the typical three-bedroom stock in the suburb. The 65% building coverage and 450sqm recent floor area estimate suggest a substantial home that suits a large family or a buyer seeking multi-generational living. Proximity to River Gum Primary and Hampton Park Secondary College adds practical appeal for households with children, while FTTP NBN and 5G coverage support modern connectivity needs. The property is best suited to a buyer who values space and room count over a low-maintenance footprint.
The main risk is the discrepancy between the older 160sqm floor area record and the recent 450sqm estimate, which may signal an unapproved extension or inconsistent data; a buyer should verify building permits and council records before proceeding. The lack of recent sales history for this specific lot means comparable reliance on suburb medians, which introduces some valuation uncertainty. On the opportunity side, the fixed-date sale format may allow a buyer to negotiate within the $900k–$990k range if competition is low, and the rental potential of $650–$755 per week offers a fallback if plans change. Hold this property as a long-term family home or rent it out for steady yield.
Detailed Independent Property Report prepared by PropCred Analyst team for 17 Nirringa Drive, Hampton Park VIC 3976
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
!
1
Execution Risk
✓
Market Insight
Hampton Park is a family-oriented suburb attracting established households seeking relative affordability. Demand is driven by working families, evidenced by a young demographic and a competitive rental market with rising rents. The market is characterised by solid capital growth and brisk sales, with properties transacting quickly, indicating sustained buyer interest. Future growth is underpinned by this consistent demand, though its reliance on the broader economic climate presents a key consideration.
PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
2
Land
690m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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