10 Cross Terrace, Glenroy VIC 3046

Elevated north-facing valley views | 623–640m² generous allotment | Renovated kitchen & character | Best pocket Glenroy | Strong family rental demand This property presents a competitively strong proposition due to its rare combination of an elevated position with views and a large, usable block in a suburb where such attributes are uncommon. The recent renovations to key living areas modernize the home without erasing its character, creating immediate appeal for owner-occupiers while the land size and established garden offer latent value. It serves families and investors best, providing a warm, functional home with a premium aspect over Glenroy’s typically flat stock, supported by strong local amenities and transport links. The primary risk is the premium pricing commanded by its position and land size, which must be justified against newer or more comprehensively updated homes elsewhere. The single bathroom and the age of some elements present a future capital requirement. The opportunity lies in holding this as a long-term family home to capitalize on its gardens and views, or as a high-occupancy rental targeting families zoned for the local primary school. Acquire this for its land and location, not its floor plan, and expect to invest further over time. Recent comparable sale: 28 Jul 2018 for $645,000. Current estimates place the value between $855,000–$857,000, suggesting substantial equity growth. This supports a valuation premium for its larger, elevated block compared to the suburb median.