16 Clarendon Street, Hamilton VIC 3300

Renovated 1915 Victorian | 701sqm in prestigious pocket | 4 beds, 2 baths, 2 cars | Rare underfloor storage This house presents a competitively strong proposition due to its full renovation within a tightly-held location, blending period character with modern functionality. The substantial land size and low building coverage are rare for central Hamilton, offering space and privacy atypical for the era. Its configuration best serves a family or professional couple seeking established charm without compromise, positioned close to schools and amenities. Proceed with a disciplined price ceiling reflecting the bathroom count discrepancy and the valuation range below the asking price. The 30% appreciation since 2021 demands verification that renovations justify the premium. Secure this as a long-term primary residence; its rental yield is secondary to its lifestyle utility. A PropCred report would pressure-test the real market valuation, clarify overlay risks, and provide a definitive renovation scope for insurance. Recent sales indicate a rising market. The property last sold for $530,000 in 2021 as a 3-bedroom, 1-bathroom home. Its current $690,000 ask assumes significant value was added through the renovation and added bedroom. This supports a focus on build quality and permits to ensure the premium is warranted.