10 Blandford Cres, Bayswater North VIC 3153
10 Blandford Cres, Bayswater North VIC 3153
4 bed 2 bath 2 car | 857 m² corner block | established family house | flood zone constraint | large land premium
This property’s competitive strength lies in its generous 857 m² corner allotment, which is notably larger than typical suburban house blocks. The four-bedroom, two-bathroom configuration with double car accommodation serves a family buyer seeking space, storage, and potential for future extension or redevelopment. The corner position offers additional access and natural light advantages, though the specific orientation is not detailed. This house sits in an established suburban setting where larger landholdings are increasingly rare, making it a strong option for buyers who prioritise land area over turnkey condition or modern finishes.
The flood zone designation is a material factor that may influence both insurance costs and buyer willingness, potentially narrowing the pool of interested parties. Without verified building age or renovation history, the property’s interior condition remains an unknown that could affect its marketability and final price. The absence of recent comparable sales nearby means the asking guide should be treated as a starting point for negotiation rather than a firm benchmark. A buyer should weigh the land value and corner lot advantages against the flood risk and unknown finish quality when forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Blandford Cres, Bayswater North VIC 3153
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Bayswater North presents as a steady, family-oriented market with solid fundamentals. Demand is anchored by owner-occupiers seeking larger homes, evidenced by consistent sales activity across multiple bedroom configurations. The market demonstrates resilient price growth for houses, though conditions show signs of normalisation with extended selling periods and a divergence in performance between houses and units. Future prospects are supported by sustained transaction volumes, yet affordability pressures and a softening auction market for units present clear constraints to watch.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
857m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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