10 Fitzgibbon Street, Briagolong VIC 3860
10 Fitzgibbon Street, Briagolong VIC 3860
Briagolong land holding | 2,300m² dual-street frontage | versatile brick home | 3-bed plus study with long-term owner-occupied street character
This property offers a rare combination of substantial land area and dual street frontage within a tightly held Briagolong street where 84% of residents are long-term owners and only 5% of properties are rented. The existing brick home provides immediate livability with separate lounge, spacious family room, and a wood heater, while the study or rumpus room gives flexibility for a fourth bedroom or home office. For a buyer seeking a half-acre block in a stable owner-occupied pocket near Briagolong Primary School, the configuration supports both family occupation and future subdivision potential given the lot’s positioning and size.
The primary risk is the home’s age and condition as a versatile brick dwelling from 2011 or earlier, which may require updating to meet modern expectations, particularly around heating and cooling efficiency despite the split system units. The absence of recent comparable sales on Fitzgibbon Street itself means valuation relies on broader Briagolong three-bedroom data, where the median sits above the asking range but with only ten sales this year, liquidity is thin. Opportunities lie in leveraging the dual frontages for potential future lot division or adding a secondary dwelling, subject to council approval, which could improve the property’s long-term return profile. Hold as a family home with an eye on land value appreciation, or consider a staged renovation to lift the interior before resale.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Fitzgibbon Street, Briagolong VIC 3860
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Briagolong leverages its proximity to vast natural reserves and lakes, offering residents a highly targeted lifestyle and infrastructure advantage. Local workers tied to regional industries are aggressively driving the housing demand here to secure a foothold in this specific postcode. It is a slow-burn market suited for long-term holds and positive cash flow strategies.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
2030m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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