31 Streeton Way, Berwick VIC 3806
31 Streeton Way, Berwick VIC 3806
4 bedrooms, 2 bathrooms, 2 car spaces, built in 2000 with 234m² of internal living space. Single story family home on Streeton Way in Berwick.
What is competitively strong here is the internal space. At 234m² this house offers generous room for a family, particularly compared to many homes from the same era. The single story layout is practical and the primary bedroom with ensuite and walk in robe adds a layer of privacy. Its position within walking distance to both schools and parklands makes it a natural fit for families with children. The property sits within a well established part of Berwick, a suburb that continues to attract buyers seeking space and community feel. For a family wanting room to grow without stepping up to a two story design this house presents a clear option.
The price range of just under 1.1 million may reflect the larger floorplan but the lack of confirmed land size is a factor worth weighing. Without knowing the lot dimensions it is harder to judge the land value component which often drives long term appreciation. The home is now 26 years old and while no specific finish details are available a property of this age may need updating in kitchens or bathrooms which could affect the final price. Buyers should consider what renovation budget might be needed and how that sits against the asking range. The previous sale in 2007 for 349000 shows strong capital growth but that is historical context not a guide to current value.
Detailed Independent Property Report prepared by PropCred Analyst team for 31 Streeton Way, Berwick VIC 3806
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Berwick presents as a stable, family-centric suburb with a strong owner-occupier base, underpinning its appeal. Demand is primarily driven by families attracted to its established community and quality schooling options, supported by household incomes above the metropolitan average. Recent price growth has been steady, with a competitive sales environment reflected in relatively swift market turnover. Future prospects are supported by ongoing regional infrastructure development, though the market shows sensitivity to broader economic conditions, with affordability pressures and moderated auction clearance rates presenting key considerations.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
650m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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