12 Meadow Road, Croydon North VIC 3136

Large block set back | 3-bed brick family home | Quiet street near amenities | Solar & 5G coverage This property’s primary strength is its substantial, privately positioned allotment in a established family suburb, offering a rarity of space and separation increasingly uncommon at this price point. The three-bedroom, three-bathroom brick veneer house on 1590m² serves a family buyer seeking a timeless, low-maintenance home with ample outdoor space, positioned competitively against the suburb median. Its lack of overlays simplifies due diligence. The principal risk is the price premium for land size, which may not fully capitalise in a suburb of typically smaller lots, compressing yield. The opportunity lies in securing a large, unencumbered parcel in a connected location, with future subdivision potential underpinning long-term value. Acquire for long-term hold as a primary residence to justify the land value. A recent comparable sale at 1/11 Meadow Road, Croydon North, achieved $795,000. That property, however, was on a significantly smaller 364m² block with only one bathroom. This stark contrast in land size and amenity validates a substantial price premium for the subject property, anchoring its valuation well above the $1 million mark.