149 Jasper Road, Bentleigh VIC 3204
149 Jasper Road, Bentleigh VIC 3204
Large 796m² block with wide frontage | Custom display-home build by Carter Grange | North-facing sun capture and reserve outlook | Five-bedroom family layout with four bathrooms | Very low street turnover and strong owner-occupier tenure
This house stands apart from most Bentleigh stock, both in scale and specification. The 796m² allotment with wide frontage is rare for the area, and the fact it was custom-built as a display home by Carter Grange means the finishes and layout were designed to impress. High ceilings, French Oak flooring, Bosch appliances, and a commercial stacker door to outdoor living give it a genuine premium feel, not just a renovated facade. The northern orientation and elevated position, combined with views over Bentleigh Recreation Reserve, add a layer of everyday amenity that most family homes in this price range cannot match. It is best suited to an upgrader or family buyer who wants a move-in-ready house with strong school proximity and a stable, established street.
The main value considerations centre on how the market prices a property of this calibre in a street where comparable sales are scarce. The long owner-occupier tenure on Jasper Road suggests low turnover, which may mean fewer direct benchmarks and more weight placed on quality and land size. The house may attract a premium from buyers specifically seeking McKinnon Secondary College access, though catchment should be verified. Its position on a main road might temper some buyer enthusiasm, but the reserve outlook and elevated siting likely offset that. The absence of a stated build year may prompt questions, though the display-home provenance and contemporary fitout should reassure.
|| Comparable Sales: 183 Jasper Road, 5 bed, 3 bath, 697m², circa $2.6M estimate | 141 Jasper Road, 4 bed, 1 bath, sold $815,000 in 2023 | Property Price Band: $2.5M–$2.6M | Value Drivers: land size, custom build quality, reserve outlook and northern aspect
Detailed Independent Property Report prepared by PropCred Analyst team for 149 Jasper Road, Bentleigh VIC 3204
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Bentleigh is family-oriented, with incomes 19% above Greater Melbourne and strong transport links driving demand. House values are $1.74–$1.8m, up 7.4% annually, though quarterly growth slowed to 2.03%. Units are $650k–$934k, flat annually, with a sharp −23.1% quarterly fall. Houses take 40–48 days to sell (units: 37); auction clearance dropped 19.5 pts to 60.5%, signalling a cooling market. Rental demand is steady—house rents up 5.7%, units up 3.4%—but yields are modest (houses 2.61%, units 4.13%). Over 178 houses sell annually, yet affordability and rate sensitivity are constraints, shown by slower turnover and lower clearance.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 183 Jasper Road, 5 bed, 3 bath, 697m², circa $2.6M estimate | 141 Jasper Road, 4 bed, 1 bath, sold $815,000 in 2023 | Property Price Band: $2.5M–$2.6M | Value Drivers: land size, custom build quality, reserve outlook and northern aspect
Bedrooms
5
Bathroom
4
Parking
4
Land
796m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!