196 Clarendon Drive, Keysborough VIC 3173

196 Clarendon Drive, Keysborough VIC 3173
4-bedroom house | Keysborough | 512mΒ² land | auction sale | zoned General Residential This property presents a competitively sized family home on a full block in an established pocket of Keysborough. The four-bedroom, three-bathroom configuration offers above-average accommodation for the area, suggesting a house built for owner-occupier comfort rather than investor minimalism. Its position within the General Residential Zone, Schedule 2, provides a stable planning context, protecting the character of the area from significant overdevelopment and aligning the house with buyers seeking a family-oriented neighbourhood. The defined school catchments for Chandler Park Primary and Keysborough Secondary College are a tangible asset for that demographic, anchoring its appeal to a specific buyer profile seeking long-term convenience. Proceed with the understanding that the auction mechanism and tight price guide indicate strong agent confidence and likely competitive interest, transferring negotiation power away from the buyer. The absence of detailed property features, floor plans, and a definitive building age in the listing materials constitutes a material information gap that must be physically investigated; these unknowns could conceal costly deficiencies or, conversely, present an opportunity to capitalise on overlooked quality. Given the last sale was in 2014, the vendor likely holds significant equity, reducing pressure to sell below reserve, but also presenting a potential opportunity if market engagement is misjudged. Our assessment is that this house is a hold for a family end-user, not a strategic renovation play, due to its already substantial size and the zoning constraints on further intensification.

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

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Market Insight:

Keysborough presents as a family-oriented suburb with robust demand, evidenced by strong annual sales volumes and sustained price growth. This demand is primarily driven by owner-occupiers seeking larger homes, supported by solid rental yields that also attract investor interest. The market demonstrates resilience with consistent price appreciation, though recent data indicates a lengthening sales period for houses and a significant slowdown in unit activity, suggesting emerging affordability pressures and a potential shift in buyer sentiment. Future growth is underpinned by sustained rental demand, while key risks include sensitivity to interest rates and a notable cooling in the unit segment.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

2

Land

512mΒ²

Assessments Delivered Today

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