31 Liston Street, Glen Iris VIC 3146
31 Liston Street, Glen Iris VIC 3146
Brand-new 5-bed luxury house | 665sqm north rear garden | Miele kitchen and butler’s pantry | Ground-floor ensuite bedroom | Premium family pocket
This property is regarded as a newly completed family house, distinguished by five bedrooms, four bathrooms, and a generous 665 square metre allotment. A north-facing rear garden is offered, which is rare for a modern build. The interior specification is composed of oak floors, panelled walls, Miele appliances, and a butler’s pantry, by which it is placed above typical Glen Iris stock. Practical flexibility is added by the ground-floor bedroom with ensuite, while a retreat and study are provided as separate zones. The house is best suited to upsizing families seeking turnkey quality in the inner-eastern market, where new builds of this size and finish are uncommon.
The final value may be influenced by how the premium for a brand-new build is weighed against the land size, which is typical but not oversized. The upper-level configuration might be seen as generous by family buyers but could be thought excessive by others. Price may be affected by school catchment confirmation and access to local amenities. These factors should be weighed when forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 31 Liston Street, Glen Iris VIC 3146
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
URL has been copied successfully!
Market Insight
Glen Iris, 10km from the Melbourne CBD, remains a tightly held, family-oriented market. Established families and professionals dominate demand, supported by excellent schools, parklands and high outright ownership (37.9%). House prices sit around $2.5m–$2.7m across sources, but annual growth signals are mixed, ranging from -5.7% to 10.7%, reflecting rate sensitivity. Units median between $615k and $718k, with most sources showing negative annual growth (as low as -13.8%) despite one quarterly gain of 10.4%. Stock turns quickly: houses sell in 25–38 days. Gross yields are thin for houses (2.1%–2.4%) but healthier for units (4.1%–4.8%). The key constraint is affordability at the top of the market, leaving limited buffer for further rate stress; sustained demand relies on the suburb’s transport links and school catchment.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 40 Liston Street at $2.14M; 137 Summerhill Road at $2.65M | Property Price Band: $3.6M-$3.9M | Value Drivers: brand-new condition, 665sqm land, five-bedroom layout with multiple ensuites
Bedrooms
3
Bathroom
2
Parking
-
Land
665m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!