1/12 Konrads Cres, Highton VIC 3216
1/12 Konrads Cres, Highton VIC 3216
This is a brand new two-bedroom unit with one bathroom and one car space, set on a generous 768sqm lot with a 144sqm internal area. Built in 2026, it is priced within the First Home Buyer threshold and offers low-maintenance living in Highton.
What is competitively strong about this property is its unusually large land size for a two-bedroom unit, which provides rare outdoor space and future flexibility. It is positioned as an entry-level option in a suburb where most stock is larger, older family homes, making it a distinct alternative for first home buyers or investors seeking lower entry cost. The brand new construction removes immediate maintenance concerns, and the low vacancy rate in the area supports rental demand. This property serves best those wanting a foothold in Highton without committing to a full-sized house, or investors looking for a lower-maintenance holding with land content.
Factors that may affect value include the single car space, which could limit appeal for households with multiple vehicles, and the smaller internal area compared to typical family homes in the suburb. The absence of confirmed external amenities like a courtyard or gas heating for this specific unit might be a consideration, though the generous lot offers potential for future additions or landscaping. Buyers should weigh the trade-off between new construction convenience and the constraints of a compact floorplan when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/12 Konrads Cres, Highton VIC 3216
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Highton presents a well-established market with strong fundamentals, appealing to both first home buyers and investors. Demand is broad-based, supported by recent infrastructure enhancements and a notably undersupplied rental market, particularly for houses. Recent sales activity indicates robust momentum, though planned new supply remains insufficient to meet current demand levels. This persistent undersupply, coupled with interest rate sensitivity, represents the primary constraint on future affordability and growth.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
144m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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