8 Grosvenor Street, Keysborough VIC 3173
8 Grosvenor Street, Keysborough VIC 3173
4-bed family house | 4-car capacity | 442m² block | convenient south-east pocket | practical over premium
This property holds genuine appeal for family buyers who need space without the maintenance burden of a larger block. The four-bedroom layout with multiple living zones and a master suite with ensuite covers the essentials well, while the four-car accommodation is a standout feature in this market—most comparable family homes offer two, maybe three. Its position near schools, shopping, and main roads reinforces a convenience-led lifestyle that suits working families who value short commutes to daily amenities. The house sits comfortably within Keysborough’s established suburban character, where mixed housing stock means it competes on practicality rather than prestige, and that is exactly where it delivers.
The 442m² land size is workable but not generous, which may limit future extension potential or subdivision interest. The absence of premium finishes or a verified build year means condition and presentation will carry significant weight in how buyers perceive its worth. Evaporative cooling rather than refrigerated, and the lack of stated solar orientation, are minor points but worth checking during inspection. The outdoor entertaining area adds usable space, though its quality will matter more than its existence. Buyers should weigh these factors against the strong family configuration and car capacity when forming their own view on price.
|| Comparable Sales: 3-bed house on 260m² sold around $800k–$880k; 4-bed family homes in Keysborough typically transact near $1.0M–$1.1M | Property Price Band: $1.0M–$1.1M | Value Drivers: four-car capacity, multiple living zones, proximity to schools and shopping
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Grosvenor Street, Keysborough VIC 3173
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Keysborough, in Greater Dandenong, is a family-oriented market with 2–5 bedroom houses transacting from $711k and strong auction participation. Demand is led by owner-occupiers and investors, supported by median house rents of $700 weekly and gross yields of 3.45–4.23%. House prices cluster near $1M, with annual growth of 4.4–6.33% across sources; units median around $700k, growing 2.52–7.7%. Sales volumes remain substantial at 316–501 per year, though house sales fell 8.3% year-on-year and days on market lengthened to 52 (up 40.5%). That cooling, alongside a 51.5% drop in unit sales, signals affordability and rate sensitivity. Five-year house gains of 29.61% and persistent rental demand underpin the outlook.
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PropCred Estimated Value
Comparable Sales: 3-bed house on 260m² sold around $800k–$880k; 4-bed family homes in Keysborough typically transact near $1.0M–$1.1M | Property Price Band: $1.0M–$1.1M | Value Drivers: four-car capacity, multiple living zones, proximity to schools and shopping
Bedrooms
4
Bathroom
2
Parking
4
Land
442m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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