78 The Eyrie, Eaglemont VIC 3084
78 The Eyrie, Eaglemont VIC 3084
Single-level mid-century on 701m² | elevated city views | original 1950s character retained | premium Eaglemont street.
This property holds a genuinely rare combination in Eaglemont: a single-level mid-century house that has kept its original architectural character while being updated where it matters. The terrazzo staircase, wraparound terrace, and clean modernist lines give it a design pedigree that most family homes in the area simply do not offer. The elevated position on Mount Eagle delivers a district-to-city outlook that is difficult to replicate, and the 701m² block, while not the largest on the street, is generous enough for comfortable family living. The dedicated home office and separate lounge or rumpus room add practical flexibility, and the granite-bench Bosch kitchen lifts everyday function without compromising the period feel. This property suits a buyer who values architectural authenticity and views over sheer land size, likely a professional couple or established family looking for a distinctive, low-maintenance single-level home in a tightly held blue-ribbon location.
The value picture here is shaped by a few factors that may move the needle. The 701m² land size is smaller than some prestige blocks nearby, which might cap upside compared to larger holdings on the same street. The single-level layout is a strength for accessibility but limits expansion potential, so a buyer wanting to add a second storey would face constraints. The original 1950s fabric, while charming, may require ongoing maintenance, and the property’s premium positioning means price sensitivity is real—buyers will compare against other view-oriented houses in the area. The school catchments, including Ivanhoe East Primary and Kew High, add a solid demand base, and proximity to Eaglemont Village, the station, and the Austin Hospital precinct broadens appeal. These factors may support a strong price, but the final figure will hinge on how much weight a buyer places on the architectural rarity versus the land size.
|| Comparable Sales: 54 The Eyrie sold $6.555M (1,986m²) | 46 The Eyrie sold $3.42M (920m²) | Property Price Band: $2.8M–$2.9M | Value Drivers: mid-century architectural character, elevated city views, single-level liveability
Detailed Independent Property Report prepared by PropCred Analyst team for 78 The Eyrie, Eaglemont VIC 3084
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Eaglemont, a prestige riverside suburb on the Hurstbridge line 25 minutes from the CBD, draws professional households—42% professionals, 18% managers—and families, who constitute 65% of buyers. Median house prices range from $2.5–2.7 million, with annual growth of 11.6–14.8% and 38–54 days on market, reflecting tight conditions. Units cluster near $1 million, with 8.4–17.4% annual growth. Demand rests on limited supply, heritage overlays, and strong school catchments such as Eaglemont Primary and Viewbank College. Key constraints: entry above $2.5 million blocks first-home buyers, and interest-rate sensitivity on high loan-to-value purchases tempers upside.
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PropCred Estimated Value
Comparable Sales: 54 The Eyrie sold $6.555M (1,986m²) | 46 The Eyrie sold $3.42M (920m²) | Property Price Band: $2.8M–$2.9M | Value Drivers: mid-century architectural character, elevated city views, single-level liveability
Bedrooms
3
Bathroom
2
Parking
2
Land
677m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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