12 The Centreway, Red Cliffs VIC 3496
12 The Centreway, Red Cliffs VIC 3496
3 bedrooms, 1 bathroom, 2 toilets, and 2 parking spaces on a single level. The land measures 1,010 square metres. Features include split system cooling and heating in the lounge and one bedroom, built-in wardrobes in two bedrooms, and electric cooking.
The standout feature here is the land size. At over 1,000 square metres, this block is significantly larger than what is typical for the area, offering genuine space for gardens, sheds, or future expansion. The house itself is a solid, functional three-bedroom layout that suits families or investors seeking entry-level pricing in an established residential suburb. Its position near local shops and within a short drive to Mildura adds everyday convenience without sacrificing the quiet, family-oriented character of Red Cliffs. This property serves best for buyers who prioritise land over modern interior finishes.
The single bathroom and reliance on split system units rather than ducted heating or cooling may limit appeal for some buyers accustomed to more modern comforts. The kitchen, while functional, uses electric cooking and lacks the open-plan living that is now expected in many homes. These factors, along with the older building age, mean the property might require updates to achieve a higher price point. Any buyer should weigh the cost of potential upgrades against the value of the generous land holding when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 12 The Centreway, Red Cliffs VIC 3496
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Red Cliffs is a family-oriented suburb with a strong working demographic, where demand is driven by established households seeking home ownership. The market demonstrates robust seller sentiment, with houses transacting swiftly and achieving significant capital appreciation. Future growth is underpinned by consistent rental demand and solid yields, though its expansion is naturally constrained by the predominance of non-residential zoning, limiting new housing supply.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
1008m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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