15 Shiraz Cres, Narre Warren VIC 3805

15 Shiraz Cres, Narre Warren VIC 3805
Renovated 4-bed entertainer with inground pool | 148sqm internal, walk-in robe, ensuite | Resort backyard, ducted heating and cooling | Narre Warren family pocket, last sold 2013 This property presents a strong buying case for a family seeking a move-in-ready home with premium entertaining capacity in a well-established Narre Warren pocket. The renovation has been executed to a high standard, with the master suiteโ€™s walk-in robe and ensuite, the decked alfresco under pergola, and the inground pool collectively creating a resort-style backyard that is rare at this price point in the suburb. The 148-square-metre internal area is efficient rather than sprawling, which keeps maintenance low while still offering four bedrooms and two bathrooms. Ducted heating and cooling, plus stylish shutters, add practical comfort and privacy. The property serves best a buyer who values immediate lifestyle amenity over land banking โ€” a couple or young family who will use the pool and entertain regularly. The primary risk is that the property last traded in 2013, so the current listing price may reflect a significant premium over the previous purchase, and no recent comparable sales or estimated value is available to benchmark the ask. Buyers should commission a formal valuation before proceeding. The bedroom count discrepancy (one source lists three) is likely an old error, but a physical inspection to confirm layout is prudent. The opportunity lies in the renovation quality โ€” this is not a cosmetic refresh but a full upgrade, meaning the buyer avoids the cost and disruption of doing it themselves. Hold this property as a long-term family home; its pool and entertaining zone will retain appeal in a suburb with steady family demand, and the lack of major structural work needed protects capital.

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

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Market Insight:

Narre Warren is a well-established and growing family hub southeast of Melbourne, anchored by major retail and leisure amenities. Demand is driven by families and professionals seeking value and lifestyle, supported by excellent schools and strong transport links. The market demonstrates robust price growth, with houses transacting swiftly, indicating sustained buyer competition. Future prospects are underpinned by its role as a key commercial centre, though its popularity may test affordability as development continues.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

681mยฒ

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