2 Chalice Court, Wantirna VIC 3152

Large family home on 824m² | Quiet court location | Within 1km of two government schools | Pool and established lot | Auction scheduled. This property presents a competitively strong offering for a family seeking space and long-term stability in a tightly held location. Its substantial lot size in a quiet court, combined with proximity to well-regarded government schools from primary through secondary, creates a rare and desirable configuration for owner-occupiers. The inclusion of a pool and dual living zones supports a premium lifestyle, positioning it as a scarce commodity in today’s market, particularly for upsizers. Proceed with the discipline that the auction format and lack of recent direct street sales demand. The primary risk is price discovery, as the last sale was 1988, creating significant valuation ambiguity. Your maximum bid must be anchored by the broader suburb trajectory, not emotional competition. Secure it below the inferred land-value threshold for the area, and you acquire a durable family holding with inherent redevelopment optionality. Otherwise, withdraw. Recent sales in Chalice Court provide a narrow but relevant benchmark. Number 1 Chalice Court, a comparable four-bedroom home, sold for $1,371,000 in June 2024. Number 3 Chalice Court transacted at $898,000, though the date is unspecified. This indicates a clear value spectrum on the street, with the subject property’s larger land parcel and pool positioning it towards the upper end. The lack of other recent sales underscores the street’s low turnover, a signal of resident satisfaction.