112 Woodhouse Road, Donvale VIC 3111

112 Woodhouse Road, Donvale VIC 3111
Large private allotment | Architecturally crafted new build | Zoned for East Doncaster Secondary | Heritage & bushfire overlays apply This property presents a rare opportunity to acquire a newly constructed, architecturally designed residence on a significantly larger than typical parcel in a premier school zone. The completed transition from vacant land with plans to a substantial five-bedroom home creates immediate equity and eliminates build risk for a buyer, perfectly serving a family seeking established quality in a tightly held catchment. Its private setting and proximity to key amenities solidify its position as a premium, low-turnover offering. The primary decision factors are the constraints imposed by the heritage and bushfire overlays, which may limit future alterations and increase compliance costs. The commercial logic rests on securing a turnkey property in a high-demand school zone where land scarcity underpins value. This property is a long-term hold for an owner-occupier; its value proposition is diminished for an investor due to unspecified yield. A Propcred report would critically validate its post-construction market valuation and detail the specific obligations and insurance implications of its overlays. Recent sale data for the land component shows it transacted for $1.25 million in April 2024 prior to construction. This provides a baseline, indicating the current asking price reflects a substantial premium for the newly built home. In the context of Donvale’s median house price, the completed property now competes in a higher market segment.

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

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Market Insight:

Donvale is a well-established, low-density suburb offering spacious family homes, attracting professionals and mature families seeking a leafy environment. Recent market conditions show a softening in house prices, while the unit segment has displayed some resilience. The suburb’s appeal is anchored in its generous block sizes and tranquil setting, though its current price sensitivity and slower sales activity indicate a period of market adjustment. Future growth will likely depend on sustained demand from upsizing families and the limited supply of new housing stock in this established area.
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PropCred Estimated Value

Bedrooms

-

Bathroom

-

Parking

-

Land

2063mΒ²

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