1/26 Mclennan Street, Eumemmerring VIC 3177
1/26 Mclennan Street, Eumemmerring VIC 3177
Fully renovated villa | three bedrooms two bathrooms | low-maintenance 350sqm block | no overlays or flood risk
This property presents a rare combination in Eumemmerring: a fully renovated, move-in-ready villa on a manageable 350sqm lot with no bushfire, flood, or heritage constraints. The two living areas plus a study give it genuine flexibility for a young family or downsizer, while the rendered brick veneer and solar panels reduce ongoing costs. Its positioning near Doveton College and Hallam Secondary College makes it a strong candidate for owner-occupiers seeking school catchment stability without paying a premium for a detached house. The absence of strata-style restrictions means the buyer holds freehold control, which is uncommon for a villa in this price bracket.
The main risk is the price gap between the listing range and the estimated value of $579,000, which suggests either overpricing or a recent renovation that may not fully recoup at sale. The adjacent house at 26 McLennan Street, on a much larger lot, is valued at $783,000, so the unit’s pricing must be justified by condition alone. Buyers should commission a building inspection to confirm the renovation quality, particularly the roof and plumbing, as no sales history exists for this unit. The property suits an owner-occupier who values low maintenance and school access over capital growth; for an investor, the yield would need to be tested against comparable rentals. Hold this property as a long-term family home or rent it out only after verifying local rental demand.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1/26 Mclennan Street, Eumemmerring VIC 3177
Market Insight:
Eumemmerring leverages its proximity to peaceful, off-grid living potential, offering residents a highly targeted lifestyle and infrastructure advantage. Generational local families are aggressively driving the housing demand here to secure a foothold in this specific postcode. Transaction times are naturally longer, requiring a patient investment strategy focused on land-banking.