84 Summerhill Road, Glen Iris VIC 3146
84 Summerhill Road, Glen Iris VIC 3146
Modern 2015 build on 461sqm | five-bed family layout with ground-floor main suite | turnkey condition in a prestige street | compact land for the area
What makes this house stand out is its age and condition. Built in 2015, it offers a genuinely contemporary floorplan that most Glen Iris stock simply cannot match. The five-bedroom configuration with a main suite on the ground floor is practical for families with older children or guests, and the upstairs retreat or cinema flexibility adds real everyday usability. The fitout is clearly above standard, with granite kitchen surfaces, 900mm gas cooking, ducted heating and refrigerated cooling, plus a remote double garage. On 461sqm, the land is modest by local standards, but the house itself delivers 234sqm of internal space, which means you are paying for the dwelling rather than the dirt. That suits buyers who want to move in and live well without renovating or managing a larger block. It is a low-maintenance, high-amenity family house in a tree-lined, sought-after pocket, and it will appeal most to established families or downsizers who still need room for visitors and want everything finished.
The main factor to weigh is land size relative to price. Many houses in this street sit on significantly larger allotments, and those properties tend to command a premium for scarcity and future flexibility. This house does not offer that land-banking angle, so its value rests almost entirely on the quality of the build, the layout, and the convenience of moving straight in. The rear garden is described as sun-drenched, which suggests good northern or western light, but the listing does not confirm orientation, so it is worth checking how the living areas actually sit through the day. The five-bedroom count may also push the price into a range where buyers could expect more land, so the presentation and modern finishes will need to carry that weight. School catchment and transport access are strong in this corridor, which supports demand, but the compact allotment may limit how much upside you can expect from future redevelopment.
|| Comparable Sales: 74 Summerhill Road sold at $2.1M in 2018 on 843sqm; 137 Summerhill Road estimated near $2.67M on 711sqm | Property Price Band: $2.2M–$2.3M | Value Drivers: near-new condition, five-bed flexibility, low-maintenance land size
Detailed Independent Property Report prepared by PropCred Analyst team for 84 Summerhill Road, Glen Iris VIC 3146
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
Glen Iris is a well-established, high-ownership suburb in Melbourne’s inner east, prized for its family-friendly environment, spacious homes, and excellent schools. Demand is consistently driven by established families and professionals seeking quality lifestyle and connectivity. The housing market demonstrates solid, albeit varied, growth, while the unit sector presents a more nuanced picture with stronger rental yields. Future prospects are underpinned by enduring appeal and transport links, though high price points and sensitivity to broader economic conditions remain key considerations.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 74 Summerhill Road sold at $2.1M in 2018 on 843sqm; 137 Summerhill Road estimated near $2.67M on 711sqm | Property Price Band: $2.2M–$2.3M | Value Drivers: near-new condition, five-bed flexibility, low-maintenance land size
Bedrooms
4
Bathroom
2
Parking
2
Land
461m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!