30 Friendship Square, Cheltenham VIC 3192
30 Friendship Square, Cheltenham VIC 3192
This single-story house from 1960 sits on a generous 727m² lot with north-facing frontage. It offers three bedrooms, two bathrooms, a study, and three car spaces including a carport. The floorplan measures 248m², complemented by ducted climate control, hardwood floors, and plantation shutters. A fully fenced garden and pet-friendly policy add to its family appeal. Zoned for Le Page Primary and Cheltenham Secondary College.
This property is positioned strongly within Cheltenham by combining a substantial land holding with a convenient single-story layout. The north-facing orientation and spacious backyard are uncommon at this size, making the house especially suitable for families who value both indoor comfort and outdoor living. The inclusion of a study, ducted heating and cooling, and generous parking further reinforces its practical appeal. It serves buyers seeking a low-maintenance but roomy home in a well-connected suburb with reputable school zones.
The older construction might require updates to meet modern expectations in energy efficiency or finish quality, though the absence of heritage or flood overlays simplifies any future work. The large block may command a premium over smaller contemporary stock, but the price could also reflect the need for cosmetic or structural upgrades. A buyer might weigh the trade-off between land value and the house’s current condition when forming their view.
Detailed Independent Property Report prepared by PropCred Analyst team for 30 Friendship Square, Cheltenham VIC 3192
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Cheltenham presents as a well-established bayside suburb with solid fundamentals, driven by its proximity to beaches, shopping, and transport links. Demand is diverse, supported by healthy rental growth and strong auction clearance rates, indicating sustained interest from both owner-occupiers and investors. Recent price trends for houses show moderate growth, while the unit market is more varied. Key future drivers include its enduring locational appeal, though high house prices present an affordability constraint, and sales volume trends suggest a measured market tempo.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
3
Land
727m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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