13 Rivendale Cres, Drouin VIC 3818
13 Rivendale Cres, Drouin VIC 3818
Modern 4-bed family home | 2008 build low maintenance | Park-front quiet retreat | 3-min to town & train
This property presents a competitively strong offering as a modern, low-maintenance family home in a convenience-driven location. Its 2008 construction with ducted heating, split-system cooling, and a park-side position on a secure block delivers a move-in ready package rare for the area, serving buyers seeking comfort without the burden of renovation. The separate living zones and four-bedroom configuration specifically cater to growing families or professionals needing dedicated space, with the minimal upkeep garden enhancing its appeal for time-poor owners.
The decision hinges on reconciling its February 2025 sale at $405,000 with the current $650,000-$700,000 asking range, indicating significant market re-pricing or a prior distressed sale that must be rigorously investigated. This volatility represents the primary cost risk, demanding a current, independent valuation to anchor your offer. The property’s steady historical rental performance suggests a reliable yield if required, but its optimal use is as a long-term primary residence to capitalise on its family-centric layout and location. A Propcred report will ground your bid in a real market valuation and detail locality risks, essential checks, and insurance profiling for this specific address.
Recent comparable sales data is limited, with the only direct benchmark being this property’s own sale at $405,000 in February 2025. This singular point necessitates a broader suburb analysis to validate the current price expectations, as the dramatic increase underscores the critical need for an independent, contemporary valuation to inform your negotiation position.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Rivendale Cres, Drouin VIC 3818
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Drouin is a rapidly expanding suburb attracting buyers with solid household incomes, driving robust demand for houses which sell notably faster than units. Recent price growth reflects this strong activity, supported by a tightening rental market. Future expansion through significant new land developments presents both a key growth driver and a primary risk, as increased housing supply could influence market dynamics.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
527m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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