12 Chrystobel Way Kilmore VIC 3764

12 Chrystobel Way Kilmore VIC 3764
4-bedroom house on 775mยฒ | 6-car garage | Kilmore’s quiet pocket | Bushfire overlay present. The property’s primary competitive strength is its rare combination of a substantial 296mยฒ building footprint on a 775mยฒ lot, with six garage spacesโ€”an unusual configuration for a well-established, owner-occupied pocket of Kilmore where 90% of properties are owner-occupied. This positions the house as a strong option for a buyer requiring extensive parking, workshop space, or multi-vehicle storage, and the 4-bedroom, 4-bathroom layout with a study supports family or professional use. The quiet street character and low turnover (one recent sale) suggest stable demand from owner-occupiers rather than investors, which reduces short-term volatility but limits speculative upside. The bushfire overlay is the most material risk, as it may increase insurance costs and restrict certain renovations or landscaping choices, though no flood or heritage overlays are present. The estimated value range ($766,000โ€“$775,000) sits below the current asking price guide ($820,000โ€“$860,000), meaning the buyer should negotiate from a position of caution, using the overlay and the 2010 last sale date as leverage. The property is best held as a long-term family home in a quiet location, with potential for modest capital growth tied to Kilmore’s broader residential demand rather than short-term flipping.

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

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Kilmore presents as a stable, family-oriented suburb with a strong owner-occupier presence, primarily attracting trades-based households. Demand is driven by these established families, contributing to a steady market where house prices show modest recent growth while units demonstrate stronger capital appreciation. The rental market offers solid yields, particularly for units, indicating sustained investor interest. Future growth will likely hinge on its appeal to family buyers, though broader economic conditions remain a key consideration for affordability.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

6

Parking

6

Land

775mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat