10 Shedden Street, Pascoe Vale VIC 3044
10 Shedden Street, Pascoe Vale VIC 3044
Art Deco character preserved | renovated turnkey interior | leafy Pascoe Vale street | strong family-house demand
The property offers a rare combination of original Art Deco detailing and modern liveability, with ornate ceilings, cornices, and windows intact while the interior has been thoroughly reworked for contemporary comfort. This positions it as a move-in-ready character home in a suburb where renovated period stock is consistently sought after. It sits within a streetscape of established detached houses, appealing most to owner-occupiers and family upsizers who value inner-north access without compromising on house living. The presentation is likely to stand out among comparable older homes that may require immediate work, giving it a competitive edge for buyers prioritising convenience and aesthetic appeal.
The value of this house may be shaped by its period features and renovation quality, which can command a premium over unrenovated stock. Its position within a leafy, established pocket might support strong buyer interest, particularly given the healthy rental depth for larger houses in the area. The absence of confirmed land size and zoning details means the site’s potential for future changes remains uncertain, and buyers should weigh how the preserved character might limit modification options compared to newer builds. Market conditions in the suburb suggest steady demand, but the final price will likely hinge on how the interior finish and street appeal translate during inspection.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Shedden Street, Pascoe Vale VIC 3044
Checks found:
Value Risk
✕
2
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
✓
Execution Risk
✕
2
Market Insight
Pascoe Vale, 12km from the CBD, is consolidating as a professionals’ market; household incomes above Melbourne’s average and a sharp 87.7% auction clearance rate underline steady owner-occupier demand. House prices sit near $1.17–$1.2 million, with annual growth of 11.3%, though a 0.8% quarterly dip signals mild cooling. Units average $685,000, growing 7% and yielding 4.4%—well ahead of houses’ 2.6% rental return. Stock moves quickly: houses sell in 30–43 days, units in 31, with 128–191 house sales annually confirming active turnover. Future growth is supported by transport links and a professional demographic; rental momentum continues, with house rents up 4.4% to $595 weekly. The key constraint is affordability: house yields trail the metro average and price growth is becoming reliant on buyers rather than investors, leaving the market more sensitive to rate movements.
PropCred Estimated Value
Comparable Sales: 31 Shedden Street sold for $1.1M; 25 Shedden Street sold for $1.207M | Property Price Band: $1.1M–$1.2M | Value Drivers: renovated condition, Art Deco character, street location
Bedrooms
2
Bathroom
1
Parking
2
Land
412m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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