12 Aberfeldie Street, Aberfeldie VIC 3040

Large 1485m² parcel in tightly held suburb | riverfront lifestyle amenity | family-oriented five-bedroom layout | land content likely driving value proposition The property is considered rare for its suburb, offering a substantial 1485 square metre landholding in a tightly held residential pocket. Its five-bedroom configuration and two bathrooms serve established families well, with the riverside position and local schooling corridor adding to its appeal. The large block provides outdoor space and potential for future reconfiguration, which is increasingly difficult to find in inner Melbourne. This property best suits buyers seeking a long-term family home with options for renovation or redevelopment subject to planning consent. The building’s age and condition may influence how the land component is valued, as the house might warrant updating rather than immediate occupancy. Additionally, local planning overlays or zoning could affect development potential, which buyers should verify before forming a price view. The market’s appetite for premium family properties in this corridor may also shift with economic conditions.