14 Billara Close, Wantirna South VIC 3152

Large family block in cul-de-sac | Zoned for Wantirna College | Scope for extension or subdivision | Quick recent rental uptake This property presents a competitively strong proposition due to its larger-than-standard 724m² block in a quiet cul-de-sac, a configuration increasingly rare in this suburb. The single-level brick veneer house with modern updates like ducted heating and oak floors serves families seeking entry into the established Wantirna College zone. Its substantial backyard and lack of overlays create immediate utility and a clear path for future capital improvement, positioning it for both long-term occupiers and strategic holders. The decision hinges on validating its premium against recent sales, as the listed price seeks value from land size not fully demonstrated in the immediate market. The 1970 build demands a thorough structural assessment, with renovation costs required to modernize the floorplan. Secure it below the estimated mid-point to buffer these costs, then hold for land value accretion or execute a value-add renovation to align with area expectations. Recent comparable sales nearby: – 17 Matlock Rd, Wantirna South: Sold for $1,030,000. This property had only 395m² of land, significantly less than the 724m² offered here. This single data point suggests a material premium is attached to larger blocks, but the asking range requires confirmation against more sales to substantiate its full valuation.