13 Redwood Avenue, Hampton Park VIC 3976
13 Redwood Avenue, Hampton Park VIC 3976
4 bedrooms, 2 bathrooms, 2 car garage on 490sqm. Single storey. Bushfire overlay applies. Zoned for Coral Park Primary and Narre Warren South P-12 College. NBN fibre to the premises.
This house sits in a suburb where three bedroom homes are the norm, making a four bedroom configuration on a 490sqm block a genuinely rare offering. The single level layout and double garage with remote access target the family buyer who needs room to grow without moving into a two storey property. The school zoning adds practical weight for that same buyer. The property is positioned above the typical stock in the area, not because of luxury finishes but because the bedroom count and land size give it a functional edge that most nearby listings lack. It serves the buyer who values space and school access over proximity to retail or transport hubs.
The bushfire overlay is the factor most likely to shape how a buyer values this property. It does not make the house unliveable but it does introduce higher insurance premiums and may trigger specific building compliance requirements for any future renovations. The price positioning relative to the broader suburb also matters here. A buyer should weigh whether the premium for the extra bedroom and land is justified by the overlay constraint and the fact that the property sits in a standard residential pocket without premium street appeal or views. The rental yield potential is reasonable but not exceptional, so an investor should model carefully around the insurance cost.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Redwood Avenue, Hampton Park VIC 3976
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
✕
2
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
4
Bathroom
2
Parking
2
Land
490m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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