152 Highlander Drive, Craigieburn VIC 3064

152 Highlander Drive, Craigieburn VIC 3064
Brand new hillside view | 3-bed house on compact lot | Among smaller stock in street of large homes | Domain estimate $670k This property presents a competitively priced, modern entry into a street dominated by larger, established family homes. Its brand-new condition and hillside view are distinct advantages, positioning it well for first-home buyers or investors seeking a low-maintenance dwelling with immediate appeal. The configuration is standard for the area, but the newer build and smaller lot size suggest a different cost and maintenance profile compared to the typical Highlander Drive property. The primary compromise is the significantly smaller land component relative to neighbouring houses, which may limit future extension potential and could affect capital growth compared to larger lots on the street. For a buyer, this property functions as a cost-effective holding in a settled area, suitable for a 5-7 year hold. Its value is in its condition and immediacy, not its land bank, making it a pragmatic rather than strategic purchase. Comparable sales from the Statement of Information: – Three properties sold within 2km in the last six months (specific addresses and prices not provided in this data). This recent local sales activity provides a credible benchmark for the agent’s price guidance and the Domain estimate, indicating the market is tested and active. Your offer should be firmly anchored by these undisclosed comparable results.

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

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Market Insight:

Craigieburn is a family-dominated northern suburb experiencing robust demand driven by population growth and critically low housing supply. This dynamic has delivered strong recent price appreciation and a brisk sales environment. Future growth is underpinned by ongoing infrastructure development, though the market’s relative affordability and sensitivity to broader economic conditions present key considerations.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

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