13 Catalpa Place, Lysterfield VIC 3156

13 Catalpa Place, Lysterfield VIC 3156
Double-storey family home | five bedrooms | in-ground pool | premium finishes | head of court position This property presents a competitively strong family proposition within a modernised, move-in-ready package. Its five-bedroom, dual-living format with a pool and rumpus room caters specifically to growing families seeking established amenity in a peaceful cul-de-sac. The comprehensive ducted and gas heating, plus multiple cooling systems, signifies a premium, low-maintenance occupancy cost position. It serves buyers prioritising immediate lifestyle over renovation, within a known estate framework. The primary decision point is the valuation gap between the listing price and available automated estimates, against a backdrop of limited direct comparable sales. This necessitates a disciplined commercial logic: anchor your offer using physical appraisal of recent Knox region sales, not generic algorithms. The smaller 680mΒ² lot, while manageable, represents a trade-off against larger estate parcels, capping land-value upside. Proceed with a set-date strategy, but condition any bid on contemporary sales evidence. A Propcred report would pressure-test the listed range against true market sales, while detailing locality risks like council overlays for informed insurance assessment. Recent suburb sales indicate a premium market. 5 Lalbert and 26 Palm Court, also five-bedroom homes, have guides around $2.3-$2.5 million, suggesting this listing is positioned at a notably lower entry point, likely reflecting its smaller land component. The vacant land listing at 13 Grenfell Place at approximately $1.46 million for 2000mΒ² further contextualises the land-size differential here. This infers value must be derived from the dwelling’s quality and ready-to-occupy status.

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

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Market Insight:

Lysterfield is a sought-after semi-rural suburb, prized for its scenic setting and spacious family homes. Demand is driven by established professionals and owner-occupying families, creating a stable, high-owner-occupier market. Recent price trends show strong capital growth, with houses transacting efficiently, indicating sustained buyer competition. Future growth is underpinned by its established appeal and consistent performance, though its premium positioning inherently limits affordability for broader buyer segments.
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PropCred Estimated Value

Bedrooms

-

Bathroom

-

Parking

-

Land

680mΒ²

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