4 Wirreanda Court, Blackburn VIC 3130
4 Wirreanda Court, Blackburn VIC 3130
Large 1,772 m² parcel | Rare land holding | Four-bedroom family house | Off-market opportunity | Suburban premium
This property stands out for its exceptionally large land area, far exceeding the typical suburban block in Blackburn. The substantial parcel offers rare space, privacy, and potential for future redevelopment or extended outdoor living, positioning it as a distinctive offering in a family-oriented, leafy eastern suburb. It best serves buyers seeking a long-term family home with room to grow, or those who value land as the primary driver of property worth. The configuration of four bedrooms and two bathrooms aligns well with standard family needs, while the single car space may be a secondary consideration given the land’s prominence.
The absence of confirmed details on internal finishes, construction age, or renovation history means the property’s value may be shaped largely by its land component rather than the house itself. Its off-market status might limit exposure, potentially affecting price negotiation dynamics. Buyers should weigh the cost of any necessary updates or improvements against the intrinsic value of the large parcel. Future subdivision or development opportunities may exist, though planning constraints remain unverified, so a thorough due diligence on zoning and overlays is advisable before forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 4 Wirreanda Court, Blackburn VIC 3130
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Blackburn, east of Melbourne, combines established road and rail connectivity with a stable owner-occupier base: 38% mortgaged, 38% outright owners, 21% renters. Houses have a median of $1.65 million, growing 6.8–9.0% annually; units range from $801,000–$872,500, with growth up to 27.9% in some data. Auction clearance rates are firm at 71.9% (houses) and 83.3% (units), with houses selling in 28 days. Infrastructure access and strong family demand support future growth, yet affordability, rate sensitivity, and days on market rising to 46 for houses are key risks. Supply remains limited, with 34 listings in Blackburn North and 15 in Blackburn South. Data inconsistencies across sources point to market fluctuation.
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PropCred Estimated Value
Comparable Sales: Recent nearby townhouse sold at $1.23M; new family house on smaller land listed around $2.3M–$2.45M | Property Price Band: $1.8M–$1.9M | Value Drivers: Land size, location within Blackburn, potential for redevelopment or extended family living.
Bedrooms
3
Bathroom
2
Parking
4
Land
1772m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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