11 Oakgrove Drive, Narre Warren South VIC 3805

11 Oakgrove Drive, Narre Warren South VIC 3805
4-bed modern house | built 2014 | upstairs balcony retreat | bamboo flooring | compact 345m² lot This property is positioned as a modern family home in Narre Warren South, built in 2014 with bamboo flooring and an upstairs balcony retreat. Low-maintenance living is offered by its compact 345 m² lot, and four bedrooms are included with a private ensuite. It is ideally suited for families who prioritize convenience, being close to shopping centers, schools, and freeway access. Contemporary standards are ensured by the 2014 build, making it a competitive option in the local family-home market. The compact lot may be seen as a constraint, but it is offset by reduced maintenance. The balcony retreat and modern finishes might enhance value in the local market. Proximity to amenities may support demand, though limited outdoor space may be a factor.
Detailed Independent Property Report prepared  by PropCred Analyst team for 11 Oakgrove Drive, Narre Warren South VIC 3805
Checks found:
Value Risk
Liquidity Risk
Planning Risk 2
Income Risk
Execution Risk
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Market Insight

Narre Warren South is a family-oriented suburb experiencing steady residential growth, supported by expanding retail amenities. Demand is primarily driven by owner-occupying families, creating a competitive sales environment with properties transacting quickly. Recent price growth has been solid, though market conditions show signs of softening with increased time on market and lower auction clearance rates. Future growth is underpinned by ongoing development and population increase, yet key risks include rising market supply and sensitivity to broader economic conditions affecting buyer activity.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

1

Land

345m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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