130 Reynolds Road Diamond Creek VIC 3089

130 Reynolds Road Diamond Creek VIC 3089
Equestrian-ready acreage | Diamond Creek semi-rural | 30-car garage complex | 5G and FTTP connected This property offers a rare combination of scale and proximity, sitting on five acres with a 1,273-square-metre building footprint that includes a swimming pool and solar panels. The 30-car garage complex and 14-metre roof height signal a property configured for serious hobby farming, vehicle storage, or home-based business use. It serves best a buyer seeking a lifestyle transition from suburban to semi-rural without losing access to Wattle Glen Primary School and Diamond Valley College. The bushfire overlay is a known constraint, but the ground elevation and low building coverage reduce exposure relative to more exposed sites. The bushfire overlay adds compliance costs and may limit future subdivision or certain extensions. The estimated value range of $1.67 million to $2.21 million sits below the current asking price, meaning the buyer must negotiate from a position of evidence rather than aspiration. The sales history shows no turnover since 2003, which may indicate deferred maintenance not captured in the available building and pest report. The opportunity lies in the underutilised garage space and the lack of heritage or flood overlays, which preserve flexibility for adaptive reuse. Hold this property as a long-term lifestyle base or a semi-rural compound with income potential from the garage complex.

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

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Market Insight:

Diamond Creek offers a sought-after semi-rural lifestyle with strong transport links, attracting established families seeking quality schools and space. This demographic underpins consistent demand, reflected in solid annual house sales. Recent price growth has softened in line with broader market adjustments, presenting a stabilised entry point. Future prospects are supported by enduring lifestyle appeal and family-oriented infrastructure, though affordability pressures and sensitivity to interest rates remain key considerations for the premium segment.
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PropCred Estimated Value

Bedrooms

5

Bathroom

32

Parking

32

Land

2.02 ha

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