34 Fairbank Road, Bentleigh VIC 3204
34 Fairbank Road, Bentleigh VIC 3204
1950s house | family-oriented street | strong school catchment | redevelopment interest nearby | flood overlay possible
This is a solid, single-level family house in a tightly held Bentleigh pocket, where the dominant buyer is a school-focused family or a renovator wanting to add value. The street’s mix of older detached homes and selective infill means the area holds its character while allowing for modern updates. The house’s configuration—likely four bedrooms on a mid-sized block—suits families who need space without the premium of a larger land parcel. Its strongest edge is location: quiet, established, and close to the usual family infrastructure, which keeps demand steady and resale appeal broad.
The property’s value may be shaped by its condition relative to upgraded neighbours, as well as by any overlay constraints that could limit future extension or redevelopment. A flood overlay in the immediate pocket might affect insurance costs or buyer perception, though it does not necessarily undermine liveability. The older build could mean less efficient energy performance, which may matter to cost-conscious buyers. If the house is well-presented and structurally sound, it will sit comfortably in the mid-to-upper family-home band; if it needs work, the price should reflect that gap.
Detailed Independent Property Report prepared by PropCred Analyst team for 34 Fairbank Road, Bentleigh VIC 3204
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Bentleigh is family-oriented, with incomes 19% above Greater Melbourne and strong transport links driving demand. House values are $1.74–$1.8m, up 7.4% annually, though quarterly growth slowed to 2.03%. Units are $650k–$934k, flat annually, with a sharp −23.1% quarterly fall. Houses take 40–48 days to sell (units: 37); auction clearance dropped 19.5 pts to 60.5%, signalling a cooling market. Rental demand is steady—house rents up 5.7%, units up 3.4%—but yields are modest (houses 2.61%, units 4.13%). Over 178 houses sell annually, yet affordability and rate sensitivity are constraints, shown by slower turnover and lower clearance.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 14 Fairbank Road sold $1.9M (837m², redevelopment potential); 35 Fairbank Road estimated $1.76M (475m², 1955 build) | Property Price Band: $1.5M–$1.6M | Value Drivers: land size, renovation condition, flood overlay implications
Bedrooms
4
Bathroom
2
Parking
2
Land
739m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!