11 Beaufort Rise Warrandyte VIC 3113
11 Beaufort Rise Warrandyte VIC 3113
Large family residence on 4000sqm | tennis court & workshop | direct bush access | serene cul-de-sac setting | 5 beds plus study
This property presents a rare, consolidated package for a family seeking space and privacy within a tightly held locale. Its 4000sqm land parcel with only 8% building coverage, direct Currawong Bush access, and dedicated amenities like a tennis court and workshop offer a semi-rural lifestyle significantly exceeding typical Warrandyte stock. The configuration serves a specific buyer profile prioritizing serene, established settings over urban proximity, with reliable modern utilities supporting daily function.
The primary decision mechanism is the bushfire overlay, which imposes specific construction costs, ongoing maintenance burdens, and potential insurance complexities. The substantial land size, while a premium feature, demands commensurate management. Acquire this for long-term family occupation, leveraging its unique attributes; it is not a passive investment. A professional valuation and detailed locality risk assessment, particularly regarding bushfire mitigation and insurance feasibility, are non-negotiable prior to any commitment.
Recent comparable sales data is limited, with the property itself last selling in February 2007 for $935,000. This historical figure underscores the tightly held nature of the area but provides no current market benchmark, necessitating a contemporary, evidence-based valuation to establish price.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Warrandyte is a tightly held, high-ownership suburb in Melbourne’s outer east, appealing to established families seeking a semi-rural lifestyle. Demand is driven by these owner-occupiers, attracted by larger lots and proximity to natural amenities. Recent price trends have been mixed, reflecting a market sensitive to broader cycles, with conditions characterised by low sales volume indicating constrained supply. Future growth is underpinned by consistent family demand and limited stock, though high price points and market volatility present ongoing affordability and sensitivity constraints.