2 English Close, Mooroolbark VIC 3138
2 English Close, Mooroolbark VIC 3138
Flood overlay | small footprint | school catchments | 2-car garage | townhouse convenience
The property presents a compact townhouse with a practical layout and the advantage of two dedicated garage spaces, a rare find in this size bracket. Its positioning within the Yarra Hills Secondary College catchment and proximity to Kilsyth Primary School makes it particularly suited to small families or investors targeting the education-linked tenant market. The 98m² lot is efficient but not restrictive, and the configuration supports low-maintenance living without sacrificing amenity.
The flood overlay is the primary risk here, potentially affecting insurance premiums and resale appeal to cautious buyers. However, for those comfortable with due diligence, the listing price sits below the suburb median for two-bedroom homes, suggesting room for negotiation or value growth. The short average days on market in Mooroolbark indicates steady demand, which could work in a buyer’s favour if acting decisively.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 English Close, Mooroolbark VIC 3138
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Mooroolbark presents as a family-centric suburb with strong owner-occupier appeal, evidenced by its dominant detached housing stock. Demand is primarily driven by families, supported by robust sales activity and relatively swift market turnover for houses. Recent price trends indicate stable, moderate growth across the housing sector, while the unit market shows more varied performance. Future growth is underpinned by consistent family demand, though the market shows signs of increasing time on market and a slight contraction in sales volume, suggesting a potential normalization in conditions.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
98m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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