1 Herring Court, Roxburgh Park VIC 3064
1 Herring Court, Roxburgh Park VIC 3064
3/2/2 family house on 599m² | quiet court location | school-zoned | 75% owner-occupier streetscape | stable family demand
A classic three-bedroom family house, set on 599 square metres in a quiet court, is presented here. The suburb is known for its owner-occupier base and largely detached family stock, while the school zoning adds practical appeal for households with children. The layout suits first or second home buyers, offering three bedrooms, two bathrooms, and a double garage, with land that is workable but not demanding. It is best suited to someone seeking a straightforward, low-risk family house, and it should be seen as a solid, conventional purchase in a stable pocket.
The value of this house may be influenced by how the interior compares with similarly priced stock, as little is disclosed on finishes or renovation level. A refreshed kitchen or bathroom could justify a higher price, while dated presentation might hold it back. Land size and court position are likely the strongest structural factors, and the condition premium already built into the price should be weighed carefully.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Herring Court, Roxburgh Park VIC 3064
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Roxburgh Park is a family-oriented northern Melbourne suburb, with a 10.6% population rise since 2016 and a dominant 10-19 age cohort. Demand is driven by professionals and trades on rising household incomes, with auction clearance for houses at 83.3%, up 23.6% year-on-year. Median house prices range $700,000-$715,000, growing 6.06%-7.7% annually; units have outperformed, up 15.1%-19.8% to about $500,000. Houses now sell in a median 33 days, 25% faster than last year, while gross rental yields sit at 4.64%-4.98% for houses and 5.1% for units. Future momentum rests on robust demographic and income growth, but unit sales fell 36.4% year-on-year and house sales growth has swung from -3.08% to +6.87% recently, flagging supply and affordability constraints.
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PropCred Estimated Value
Comparable Sales: 12 Darlington Court (5-bed, sold 2019); 1 Reynolds Court (4-bed) | Property Price Band: $700K-$800K | Value Drivers: land size, layout, presentation
Bedrooms
3
Bathroom
2
Parking
2
Land
599m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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