14 Laird Close, Aspendale Gardens VIC 3195

14 Laird Close, Aspendale Gardens VIC 3195
Single-level 651mยฒ block | 3 bed 2 bath | Aspendale Gardens | strong suburb growth 9.5% This property offers a rare configuration edge in Aspendale Gardens: a single-level home on a full 651mยฒ block without overlay constraints, positioning it as a versatile holding for families seeking immediate amenity and future land value. The 229mยฒ building footprint provides generous internal space, while the absence of bushfire, flood, or heritage restrictions reduces buyer risk and enhances redevelopment optionality. The property serves best for owner-occupiers wanting a turnkey home with strong school catchment access, as well as investors seeking above-median rental yield in a suburb with consistent capital growth. The primary risk is the 1993 purchase price, which may indicate limited recent renovation, potentially requiring capital for updates to achieve top rental returns. However, the 3.1-3.24% yield and 9.5% annual growth signal strong demand fundamentals. The NBN and 5G coverage support modern living needs. This property should be held as a long-term family home or rental, with the land component offering future subdivision or extension potential as the suburb matures.

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

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Market Insight:

Aspendale Gardens is a family-oriented coastal suburb offering a sought-after lifestyle with strong freeway access. Demand is driven by families seeking a stable, owner-occupied environment near the beach, reflected in high outright ownership and low rental stock. The market is characterised by robust annual price growth and houses selling significantly faster than the previous year, indicating tight supply and competitive conditions. Future prospects are underpinned by its enduring appeal to owner-occupiers, though this same dynamic contributes to lower rental yields.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

651mยฒ

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