36 Melville Street, Tootgarook VIC 3941

4-bed house on 982m² | 3-car secure parking | upper-range suburb positioning | primary school catchment proximity This house presents a competitive offering through its substantial landholding and confirmed multi-vehicle accommodation, a configuration that anchors utility and scarcity in this market. The price positioning targets buyers seeking a family-sized footprint with room for expansion or outdoor living, a profile well-served by the proximate primary school. It is a proposition for an owner-occupier prioritizing space over turn-key condition, given the absent data on building age and finishes. Proceed with a valuation-focused due diligence to reconcile the significant discrepancies in bedroom and bathroom counts, which represent a material specification risk that could affect both financing and resale. The commercial logic lies in leveraging the land component; the judgment call is to treat this as a land play with an existing dwelling, where future capital depends on the cost to modernize. Secure only under a contract conditional on building inspection and a price reflecting the lower bedroom count. Recent comparable sales in Tootgarook indicate a varied market: • 102 Alma Street (702m²): $960,000–$1,040,000 • 18 Laura Street (918m²): $895,000 • 18 Kareela Drive (1635m²): $1,080,000 • 46 Bella Vista Drive (1301m²): $1,205,000 The asking range for 36 Melville Street aligns with properties on larger lots, but it commands a premium over 18 Laura Street, which has similar land size. This premium must be justified by a superior dwelling condition, aspect, or location—factors currently unverified. The data supports a value inference that the land size is a key driver, but the listed price requires the house itself to contribute tangible value.