11 Kilbirnie Close, Mount Eliza VIC 3930

11 Kilbirnie Close, Mount Eliza VIC 3930
Large block, family layout | pool and solar | bushfire overlay | school zone edge The property offers a genuinely rare combination for Mount Eliza: a 1,420-square-metre block with a 281-square-metre family home, pool, and solar panels, all within the Mount Eliza Primary and Secondary College zones. The two living areas and five bedrooms give it the configuration most families need, and the 20 percent building coverage leaves meaningful room for future extension or a studio. This is a house that competes well against newer builds because the land itself is the hard-to-replace part. It suits buyers who want established family living with scope to add value through renovation or reconfiguration, not a turnkey finish. The bushfire overlay is the primary riskโ€”it adds cost and constraint to any future building work, and should be costed before offer. The 1980 build means mechanical systems and the pool will need inspection; budget for upgrades. That said, the overlay does not prevent sensible use, and the absence of flood or heritage overlays simplifies approvals. The FTTP connection is a practical bonus for remote work. Hold this property as a long-term family home or renovate to lift equity; the land alone supports both strategies.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Mount Eliza is an affluent coastal suburb positioned as a premium family enclave, with demand driven by owner-occupiers seeking larger homes and the coastal lifestyle. Recent price trends for houses show stability, though the market exhibits some variability in sales volume and days on market, indicating a degree of rate sensitivity. Future growth is underpinned by its established desirability and quality schooling, yet high entry prices present a key constraint on affordability and accessibility.
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PropCred Estimated Value

Bedrooms

5

Bathroom

3

Parking

3

Land

1420mยฒ

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