10 Rim Cross Drive, Keilor East VIC 3033
10 Rim Cross Drive, Keilor East VIC 3033
4 bed double-storey | 264sqm land | north-facing courtyard | walk to shops & schools
This property offers a rare configuration edge for its price band: a double-storey layout on a compact 264sqm lot that still delivers four bedrooms, two bathrooms, and a north-facing courtyard. The 56% site coverage and 148sqm floorplan are efficient, not cramped, and the multiple living areas suit a family needing separation. For a first-home buyer or downsizer, this house is immediately livable with ducted heating, split-system cooling, and a remote garage with drive-through access. The zoning for Keilor Heights Primary and Essendon Keilor College, plus walking proximity to Milleara Shopping Centre and bus routes, gives it a convenience edge over newer estates.
The main risk is the small land sizeโ264sqm limits future subdivision or significant extension, and the 7m roof height and 58m elevation are unremarkable. The property sits without flood or heritage overlays, so no hidden compliance costs, but the compact block means outdoor space is minimal. For an investor, the estimated $615โ$755 weekly rent (median $685) yields around 3.5% at the lower end of the price guide, which is modest for Melbourneโs middle ring. The opportunity lies in cosmetic updates to lift value toward the upper estimate, and the north-facing courtyard is a genuine differentiator. Hold this house for its liveability and location, not for land banking.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Keilor East is a well-established, family-oriented suburb offering spacious homes and large parks, appealing to professionals seeking a settled lifestyle. Demand is driven by this demographic, supporting a stable but varied housing market where recent price trends have been mixed, with houses showing modest resilience compared to units. Future growth is anchored in its established appeal and good schools, though the market’s sensitivity to broader economic conditions presents a key consideration for buyers.