19 Houghton Cres, Eagle Point VIC 3878

19 Houghton Cres, Eagle Point VIC 3878
New build in quiet pocket | 763mΒ² block with bushfire overlay | Fibre NBN & 5G | Zoned for local primary school. This property presents a competitively strong proposition as a modern, four-bedroom house on a substantial block within a sought-after quiet enclave. Its 2025 construction date eliminates immediate capital expenditure for a buyer, a significant advantage over the typical older stock in the area. The configuration of four bedrooms and two bathrooms aligns with core family demand, further anchored by the proximity to Eagle Point Primary School. The reliable fibre and 5G connectivity, while not primary drivers, substantively support modern work-from-home or lifestyle uses. This house best serves a buyer seeking a permanent residence with a move-in ready condition and established infrastructure, or an investor targeting long-term family tenancies in a tightly held location. The decision hinges on navigating its specific risk mechanisms, primarily the bushfire overlay which imposes ongoing compliance costs and may constrain future modifications or insurance premiums. The data inconsistency on building size requires immediate clarification through a Section 32 vendor statement. The commercial opportunity lies in acquiring a new property below replacement cost in a low-supply environment, with the comparable at number 17 indicating market validation for this price point on identical land. Given the previous 2024 sale, verify the vendor’s motivation. The judgment is to proceed with due diligence focused on overlay obligations, as the fundamentals of land size, modern improvements, and configuration justify the listed position for a buy-and-hold strategy. * **17 Houghton Crescent, Eagle Point:** Estimated value $666,000. 3 bedrooms, 2 bathrooms, 2 car spaces on 763mΒ². * **This Property (19 Houghton Crescent):** Listed at $665,000. 4 bedrooms, 2 bathrooms, 2 car spaces on 763mΒ². The direct comparison establishes credibility for the asking price; this property commands a near-identical figure while offering an additional bedroom, suggesting the market will absorb the premium for the larger configuration.

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

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Market Insight:

Eagle Point presents as a tightly held, mature coastal locale with a stable demographic profile. Demand is anchored by established professionals, many of whom own their homes outright, suggesting a market less driven by investor speculation. Recent price trends indicate a period of softening, with sales activity remaining measured and listings scarce, pointing to a constrained supply environment. Future growth is intrinsically linked to broader regional performance, while the primary constraint remains the limited turnover of available properties, which can amplify price volatility.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

763mΒ²

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