13 Creswick Avenue, Eynesbury VIC 3338
13 Creswick Avenue, Eynesbury VIC 3338
Picturesque Eynesbury Estate | 4-bedroom family layout | freshly painted interior | stone kitchen | no bushfire risk noted
This property sits in a tightly held pocket of Eynesbury where larger family houses on 559m² lots are uncommon. The free-flowing floorplan and four generous bedrooms with brand new carpet give it a move-in-ready edge that appeals to owner-occupiers rather than investors, which typically supports more stable price growth. The master suite with full ensuite and walk-in robe, combined with the stone bench kitchen and glass splashback, positions this as a strong contender for families seeking a finished home without renovation costs. Its central position within the estate and Melton City Council oversight, with no bushfire risk flagged, reduces insurance and compliance concerns that can deter buyers in fringe suburbs.
The 2017 purchase price of $430,000 and current estimated value of $673,000 suggest moderate capital growth over nine years, but the absence of recent comparable sales within the property’s immediate history means the buyer must verify the Statement of Information’s three comparable sales within 2km. Being only six days on market, there is limited negotiation leverage unless the vendor is motivated by a quick sale. The buyer should use the Domain and agent floor plans to confirm bedroom sizes and natural light, as freshly painted interiors can mask underlying maintenance issues. This property is best held as a long-term family home rather than a short-term flip, given Eynesbury’s steady but not rapid appreciation profile.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Creswick Avenue, Eynesbury VIC 3338
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Eynesbury is a family-oriented suburb with a high rate of home ownership, positioned as an affordable entry point within commuting distance of Melbourne. Demand is driven by young families seeking home ownership, supported by household incomes well above the metropolitan average. The market has recently experienced a softening in house prices, with properties taking a moderate time to sell. Future growth is underpinned by this demographic foundation, though sensitivity to mortgage rates is a noted consideration given the high proportion of owners with loans.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
560m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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