5 Institute Drive Donnybrook VIC 3064

New build 2020 | 4 bed over two levels | 443m² lot in bushfire overlay | primary & secondary school zones This property presents a competitively strong proposition due to its modern construction and efficient two-level design on a substantial lot, a combination rare for the area given its 2020 build date. The master suite with a private balcony and detected solar panels enhance its owner-occupier appeal, particularly for small families seeking contemporary amenities within established school catchments. Its compact building footprint relative to the lot size preserves outdoor space and potential. Key decision factors include the definitive bushfire overlay, which imposes construction compliance costs and may affect future insurance premiums. The price positioning at a premium to the suburb median reflects its newness and size, but the wide asking range suggests value must be rigorously tested. Proceed with a conditional offer anchored to a professional valuation, as the sales history indicates significant appreciation since 2019 that requires validation against current comparable sales. A property advisory report would specifically pressure-test the listed price range against true market comparables, detail overlay compliance costs, and assess bushfire insurance implications.