21 Appleberry Close, Knoxfield VIC 3180

21 Appleberry Close, Knoxfield VIC 3180
Single-level three-bedroom home on 500 square metres in Knoxfield with dual living zones and renovated bathrooms. Designed for natural light on a quiet close. A four-bedroom configuration may exist if an extension was completed. This property stands out for its dual living zones and renovated bathrooms, which are particularly appealing to downsizers and families seeking single-level convenience. Positioned on a quiet close, it offers a low-maintenance lifestyle in a stable suburb where similar homes are in high demand. The natural light orientation adds to its liveability. This property is best suited for buyers prioritising updated finishes and a functional layout over larger lot sizes or extra bedrooms. The discrepancy between three and four bedrooms may affect buyer perception and limit the pool of interested parties. The listing price below the estimated value might indicate seller urgency or a strategic pricing approach to attract quick offers. Buyers should weigh the cost of verifying or completing a potential fourth bedroom against the property’s otherwise strong configuration. The lack of major nearby development suggests steady but not rapid value growth.
Detailed Independent Property Report prepared  by PropCred Analyst team for 21 Appleberry Close, Knoxfield VIC 3180
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ! 1
Income Risk ✓
Execution Risk ✓
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Market Insight

Knoxfield is a well-established family suburb attracting professionals seeking a settled environment. Demand is driven by owner-occupiers, particularly young families, supported by strong long-term capital growth. Recent market conditions show a divergence, with house prices experiencing some softening while the unit segment demonstrates resilience. Future growth is underpinned by its established appeal, though the market remains sensitive to broader economic conditions, evidenced by fluctuating sales volumes and varied annual performance.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

500m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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