11 Struan Avenue, Mooroolbark VIC 3138
11 Struan Avenue, Mooroolbark VIC 3138
This is a three-bedroom, two-bathroom single-storey house on an 873-square-metre lot with one parking space. It is positioned as a rare opportunity in Mooroolbark for those who value land size and a modernised bathroom count over a double garage.
The property’s greatest competitive strength is its 873-square-metre block, which is generous for the suburb and offers genuine potential for future extension or subdivision. The two-bathroom configuration is a clear upgrade from the area’s typical single-bathroom stock, making it more functional for families and more appealing to buyers seeking move-in comfort. This combination of large land and dual bathrooms is uncommon at this price point, and it positions the house to attract first-home buyers and young families who want space without paying inner-suburb premiums. The property sits in an established residential street with active land turnover, reinforcing demand for land-rich homes in this pocket.
The single parking space is a material constraint that may reduce appeal for households with two cars, and it could limit the pool of prospective buyers. The last sale in 1998 suggests the property’s internal systems and finishes may be older, so any renovation or upgrade should be verified. The listing price sits below the estimated value, which might indicate a motivated seller or reflect specific property conditions that warrant close inspection. Buyers should weigh the land value and bathroom count against the parking limitation and potential need for updates when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Struan Avenue, Mooroolbark VIC 3138
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Mooroolbark presents as a family-centric suburb with strong owner-occupier appeal, evidenced by its dominant detached housing stock. Demand is primarily driven by families, supported by robust sales activity and relatively swift market turnover for houses. Recent price trends indicate stable, moderate growth across the housing sector, while the unit market shows more varied performance. Future growth is underpinned by consistent family demand, though the market shows signs of increasing time on market and a slight contraction in sales volume, suggesting a potential normalization in conditions.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
873m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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