58 Locksley Road, Chirnside Park VIC 3116

58 Locksley Road, Chirnside Park VIC 3116
Compact 4-bed two-storey in Cloverlea Estate | 413mΒ² lot amid similar sizes | Contemporary design draws young families | Steady street performer|This four-bedroom house on a 413sqm block suits growing families prioritising modern interiors and estate convenience. The two-storey layout maximises living space across both levels, delivering practical flow for daily family routines with dedicated zones for relaxation and alfresco use. Sitting on Locksley Road, it aligns with neighbouring properties of comparable scale and style, like those around 400sqm, fostering a cohesive street presence without standing out as oversized or undersized. Buyers drawn to this profile typically include professionals in their 30s and 40s, seeking low-maintenance homes that balance contemporary appeal with proximity to local schools just 1-2km away. Similar Cloverlea Estate houses have shown resilient market behaviour, holding value through steady demand from upsizers avoiding larger lots. The modest land size limits subdivision potential but enhances holding appeal by reducing upkeep demands in a suburb where compact modern homes attract consistent local interest. Its position within the estate bolsters long-term stability, as buyers value the established neighbourhood fabric over expansive grounds. Overall, this setup positions it well for families planning a 5-10 year horizon, where lifestyle fit trumps raw land banking.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Chirnside Park is a well-established outer-eastern suburb offering families an attractive combination of spacious homes, good schools, and access to the Yarra Valley lifestyle corridor. Demand is primarily driven by family upgraders and owner-occupiers seeking larger allotments and a semi-rural feel, while remaining within commuting distance of Ringwood and the Eastern Freeway. The suburb features a strong community feel, quality local amenities including Chirnside Park Shopping Centre, and proximity to recreational attractions such as the Yarra River trails and Coldstream wineries. Median house prices have appreciated steadily, supported by constrained supply of larger family homes and ongoing demand from buyers seeking a balance of space, amenity, and relative affordability within the outer-eastern corridor.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

413mΒ²

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