10 Lanning Street, Baranduda VIC 3691

10 Lanning Street, Baranduda VIC 3691
former display home | large 675mยฒ block | Avalon Park estate | family-oriented street This property presents a rare buying opportunity as a former Cavalier Homes display home within the sought-after Avalon Park estate, a configuration that typically delivers superior finishes and thoughtful design not found in standard builds. The generous 675mยฒ block is larger than most in the area, offering genuine space for a family while sitting on a street where 85% of residents are owner-occupiers, which supports long-term value stability and a quieter residential feel. It is best suited for families prioritising presentation quality and room to grow, particularly those with children at nearby Baranduda Primary School. The primary risk lies in the pricing position above both the 2022 sale price and available estimates, which means the vendor is banking on the display-home premium and estate appeal to justify the ask. However, with only one recent sale on the street and a local market that turns over in 34 days on average, there is limited direct comparable evidence to challenge that premium aggressively. The opportunity is that a well-presented property on a large block in a tightly held street rarely comes to market, and the lack of recent listings could work in a buyer’s favour if the vendor is motivated to move before the market softens further.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 10 Lanning Street, Baranduda VIC 3691
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Baranduda presents as a family-oriented suburb with strong purchaser activity, primarily driven by young families seeking established community living. Demand is anchored by a significant proportion of households with children, supported by local schools. Recent market conditions indicate solid price growth with competitive yields, though sales volumes remain moderate. Future growth is underpinned by its demographic profile, while constraints include limited stock availability and potential sensitivity to broader market adjustments.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

676mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat