10 Parkside Cres, Seaholme VIC 3018
10 Parkside Cres, Seaholme VIC 3018
Direct rear park access | three-bedroom ground-floor layout | high owner-occupier street | modern two-storey build | no overlay constraints.
The property’s primary competitive strength is its direct rear connection to SG McIntosh Reserve, a rare configuration in a suburb where park-frontage is limited, and the street’s 90% owner-occupier profile signals stable long-term demand. The ground-floor bedroom arrangement with ensuite and courtyard suits downsizers or families seeking single-level living without sacrificing upstairs entertaining space, and the 44% site coverage leaves usable outdoor area relative to the 313m² block. This house best serves a buyer prioritising lifestyle adjacency to foreshore and school within a low-turnover pocket, where the lack of heritage or flood overlays reduces redevelopment friction.
The main risk is the price range sitting above the suburb’s 30-day average of $1,050,000, meaning the premium for the park position and modern finish must be justified against comparable stock in neighbouring Altona. The 2009 last sale date offers no recent equity benchmark, and the 8m roof height with 2m ground elevation may limit future upper-level additions without council variance. A buyer can negotiate from the estimated value band of $1,248,000–$1,278,000, using the seven new listings in Seaholme as leverage, and hold for capital growth driven by the reserve adjacency and school catchment rather than short-term rental yield.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Parkside Cres, Seaholme VIC 3018
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
URL has been copied successfully!
Market Insight
Seaholme leverages its proximity to upgraded local tram networks, offering residents a highly targeted lifestyle and infrastructure advantage. Creative-class owner-occupiers are aggressively driving the housing demand here to secure a foothold in this specific postcode. This pocket has proven resilient, outperforming broader market averages due to intense inner-ring demand.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
313m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!