15 Acre Rise, Hampton Park VIC 3976
15 Acre Rise, Hampton Park VIC 3976
5-bed family layout | 576m² land | established school catchment | south-eastern growth corridor | room for future works
This property is presented as a well-proportioned family house in a suburb where detached housing on mid-sized allotments is the dominant form. The five-bedroom configuration is considered a strong match for households needing space, and the building footprint of roughly 200m² is accompanied by usable outdoor area on a 576m² block. The property is positioned within established school catchments, which is regarded as practical appeal for buyers with school-age children. It is best suited to an owner-occupier family seeking a settled south-eastern location. Its competitive strength is seen in the balance between a generous bedroom count and a landholding that allows for potential rear-yard extension or reconfiguration, while remaining a straightforward, liveable family house in a middle-suburban setting.
Value may be influenced by the condition of the original bathroom and kitchen areas, as a single bathroom in a five-bedroom house might narrow buyer appeal. The property’s effective worth could also depend on the internal layout flow and whether the floor plan is suited to modern family living without significant alteration. Land-to-building ratio might be weighed against extension or future subdivision potential, though such outcomes would remain subject to planning approval. Presentation and street appeal may carry more weight here than in higher-end precincts, so a well-kept exterior could be expected to support a stronger price outcome.
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Acre Rise, Hampton Park VIC 3976
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Hampton Park, 36km southeast of the CBD, offers family-oriented living with houses at a median $700,000 (5.3% annual growth) and units at $582,500 (4.0%). Houses sell in a median 23 days, reflecting strong buyer interest. Rental demand is robust: house rents climbed 5.8% and unit rents 8.7% over the past year, with unit yields at 4.7%. The demographic profile—median age 33 and mid-range incomes—points to working families driving demand. Steady capital growth and rapid turnover indicate sustained market momentum.
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PropCred Estimated Value
Comparable Sales: comparable 5-bed houses on 500–600m² blocks sold recently at $772k and $798k | Property Price Band: $700k–$800k | Value Drivers: land size, bathroom count, internal condition
Bedrooms
3
Bathroom
1
Parking
2
Land
557m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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