16 Ashberg Drive, Waterways VIC 3195

16 Ashberg Drive, Waterways VIC 3195
4 bed 2 bath 4 car | 425mΒ² lot | Waterways parkland setting | near wetlands & golf This house presents a competitively configured family offering, distinguished by its four-car parking and generous proportions on a manageable lot, within a sought-after pocket surrounded by established parklands and community amenities. Its positioning appeals directly to upsizing families seeking space and lifestyle, with the 2010-era build suggesting modern finishes without the premium of a new construction. The property serves as a turnkey entry into a low-supply neighbourhood defined by its environmental assets. The primary decision point rests on the listed price range against limited recent comparable sales evidence. The risk is paying a parkland proximity premium not yet fully crystallised in suburb medians, while the opportunity lies in securing a scarce larger-format house in a tightly held locale. Acquire for long-term family occupation to capitalise on the lifestyle dividend; the configuration does not support value-add plays, making it a hold asset. Recent comparable sales indicate this listing is positioned at a premium. * 7 Arcots Court, Waterways: $820,000 – $895,000 for 3 beds, 2 baths, 2 cars. * 52 Waterside Drive, Waterways: Sale details incomplete, noted as a recent sale. This suggests the subject property’s asking range reflects a material premium for the additional bedroom and two extra car spaces, which must be justified by its specific presentation, floor plan, and superior parkland adjacency.

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

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Market Insight:

Waterways is a tightly held, high-value residential market characterised by strong capital appreciation and low turnover, indicating a premium, established suburb. Demand is driven by owner-occupiers seeking established homes, evidenced by consistent sales activity and low rental yields. Recent price growth has been robust, with houses transacting swiftly, reflecting a competitive and active market. Future performance will hinge on sustained demand for its limited housing stock, though its premium positioning presents inherent affordability constraints and sensitivity to broader economic shifts.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

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