141 Sandhurst Boulevard, Sandhurst VIC 3977
141 Sandhurst Boulevard, Sandhurst VIC 3977
4/2/2 family layout | established estate street | mid-2000s build | strong owner-occupier demand | likely dated interiors
The property is set in an established estate street where detached family houses predominate and the atmosphere is quiet and owner-occupied. A four-bedroom, two-bathroom, double-garage layout is offered, the configuration most family buyers seek. Multiple living areas, a study and an alfresco space are expected, consistent with mid-2000s estate construction. This makes it competitively strong because it delivers practical space and a respected address without the premium finish price. It is best suited to a family needing room to grow, or an investor seeking a dependable long-term rental in a family-focused suburb.
Value may be affected by the condition of the original mid-2000s finishes, as dated kitchens and bathrooms can reduce the entry price. The block size, orientation and street position should be weighed more heavily than the layout, which is already standard. Updating costs should be weighed against the potential discount this property may offer.
Detailed Independent Property Report prepared by PropCred Analyst team for 141 Sandhurst Boulevard, Sandhurst VIC 3977
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Sandhurst, a boutique bayside precinct 37km southeast of Melbourne’s CBD near Carrum Downs, is a family market: 55% of households are couples with children, 89% are families, and 28% are over 55. Demand comes from golf-and-lifestyle appeal, with 57% of people in the area classified as purchasers. House prices sit around $1.03–$1.10 million, with annual growth of 5.0–10.3%; units are $785,000, growing 1.49%. Houses trade in 44–64 days, with 93–107 annual sales. Gross yields of 4.0–4.1% and weekly rents of $743–$800 underpin investment, but 67% mortgage incidence and owner-occupier skew heighten rate sensitivity. Future growth relies on lifestyle and southeast corridor appeal; key constraints are affordability, with prices above the Melbourne median, and limited unit growth.
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PropCred Estimated Value
A realistic current price band is $1,165,000 to $1,285,000 after allowing for a 3 per cent upward market movement. Recent comparable sales have settled around this level.
Bedrooms
3
Bathroom
2
Parking
2
Land
418m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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