12 Fenway Road, Greenvale VIC 3059

Near-new Hampton design | three master suites | 350m² lot | zoned for schools | no overlays This near-new residence presents a competitively strong offering through its modern, architecturally designed layout and rare inclusion of three master suites, which directly serves multi-generational families or those seeking premium guest accommodation. Its position on a smaller, manageable lot within a sought-after pocket of Greenvale, coupled with reliable utilities and no concerning overlays, minimizes external risk while maximizing functional living space for a specific buyer profile seeking move-in readiness without land maintenance burdens. The primary risk mechanism is the significant price premium commanded over its 2022 sale price, which must be justified by the current market’s appetite for near-new, high-specification homes in this locale. The opportunity lies in securing a modern property that bypasses construction delays and defects, with a rental yield that supports a hold strategy for an investor, or a long-term family home for an owner-occupier. Proceed only if the premium aligns with recent comparable sales for similar specification, otherwise the capital outlay is not defensible. Recent comparable sales from the agent’s Statement of Information indicate market activity. While specific details are in the provided PDF, the selection of three properties sold within 2km in the last six months establishes a direct local benchmark. Your evaluation must rigorously test this property’s asking price against those specific transactions to validate its current market positioning.