24 Cameo Court, Clifton Springs VIC 3222
24 Cameo Court, Clifton Springs VIC 3222
Large corner allotment | renovated single-level house | triple garage plus boat or caravan space | park-fronted quiet court | lifestyle buyer pull
A rare combination is held by this house in Clifton Springs: a genuinely large corner allotment, a renovated single-level layout, and unusually high vehicle and storage capacity. The internal presentation is built around open-plan living, a formal entry, a king-sized master suite, and covered outdoor entertaining, so the property is read as a move-in-ready family home rather than a project. A decisive advantage is provided by the gated hardstand, which allows a boat, caravan, or trade trailer to be stored securely beside the triple garage. With a park and playground directly across the road and golf course within a short stroll, a quiet, low-traffic family lifestyle is supported. This property is best suited to owner-occupiers who need space, convenience, and single-level living, particularly families or downsizers requiring room for recreational vehicles without compromising on a polished home.
The final value may be shaped by how strongly buyers weigh the large corner allotment against the maintenance and fencing that come with it. The renovation quality and presentation are likely to support a premium, but the size of the block may also attract buyers who value future flexibility. Orientation and natural light in the living areas might influence perceived comfort, while the gated parking and park frontage could narrow the buyer pool to those specifically wanting this lifestyle. A softer market for large family houses in the area may add negotiation room.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Cameo Court, Clifton Springs VIC 3222
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Clifton Springs, a residential suburb fronting Port Phillip, is driven by older professional childless couples; 80.1% of homes are owner-occupied. Demand is steady, with houses selling in 34–42 days and annual sales near 184. Median house prices span $660,000–$712,000, with quarterly growth of 1.9% but mixed 12-month figures from -2.2% to +4.9%. Five-year growth is stronger: houses up 33.3%, units up 44.6%. Rental yields are modest at 3.7–4.1% for houses. Future growth is supported by tight rental supply—just nine properties available—and firm owner-occupier demand. Constraints include affordability stress given moderate incomes relative to prices, and an ageing demographic that may narrow the future buyer pool.
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PropCred Estimated Value
Comparable Sales: 24 Thamballina Road sold $670,000; 32 Bay Shore Avenue sold $727,000 | Property Price Band: $900,000-$1,000,000 | Value Drivers: large land area, renovated condition, gated parking and storage capacity
Bedrooms
4
Bathroom
2
Parking
2
Land
822m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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