14 Greenslopes Drive, Carrum Downs VIC 3201
14 Greenslopes Drive, Carrum Downs VIC 3201
Large family home | 681mΒ² block with 344mΒ² building | Dual living zones & workshop | No overlays | High solar & 5G coverage
This property presents a substantial, modern family home on a larger-than-average block, offering functional rarity in its scale and configuration. The 51% building coverage and 344mΒ² footprint deliver extensive internal living space, including multiple separate zones ideal for a large or multi-generational family. Its lack of bushfire or flood overlays removes significant due diligence hurdles and insurance complexities, while the suite of modern amenities positions it as a turnkey proposition for an owner-occupier seeking space and convenience over a renovation project.
The primary decision point is the price positioning against recent comparable sales, which will confirm if the premium for its size is market-justified. The significant uplift from its 2013 purchase price necessitates verifying current valuation through immediate comparable analysis, as the estimated value range shows variance. Proceed with an offer anchored to demonstrable local sales per square metre for homes of similar scale and condition, as this property’s utility supports a long-term hold for capital growth. Our report provides the precise sales evidence and locality risk assessment to validate your offer and secure favourable insurance terms.
Comparable sales from the Statement of Information indicate three properties sold within 2km in the past six months. While specific details are not provided here, a professional analysis would benchmark this home’s $864k-$900k estimated value against those sales prices per square metre of land and building to test the listing range of $790k-$850k. This direct comparison is essential to determine if this property’s larger size commands a justified premium or presents a negotiation opportunity.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Carrum Downs is an established, affordable family suburb offering a mix of housing, supported by growing infrastructure and excellent transport links. Demand is driven by local trades and families seeking value, evidenced by exceptionally fast sales and strong recent price growth. This tight market faces constraints from limited supply and potential sensitivity to interest rates given high mortgage ownership.