16 Coral Court, Clifton Springs VIC 3222
16 Coral Court, Clifton Springs VIC 3222
3 bed 1 bath house | 604m² lot | off-market | near suburb median | family zoning
This is a compact family house on a full-sized block, positioned right at the middle of the local market. The configuration—three bedrooms, one bathroom—suits first-home buyers, small families, or investors seeking a straightforward rental. The land is the real strength here: 604m² in a coastal suburb with light planning overlays means future extension or redevelopment potential, though the existing house is modest. It sits in a street of established family homes, and the school catchment for Drysdale Primary and Bellarine Secondary adds practical appeal for buyers with children. The property’s value lies in its balance—not the cheapest, not the largest, but a solid, usable home on a block that offers room to adapt.
The main factors that might shape its price are the house’s condition and internal layout, since the single bathroom and lack of confirmed modern finishes could limit appeal for some buyers. The block’s size and residential zoning may support a renovation or addition, which could lift its value beyond the current configuration. Proximity to local amenities and the bay adds lifestyle weight, but the older-style footprint might require investment to match newer stock. Buyers should weigh the cost of any updates against the land’s long-term potential.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Coral Court, Clifton Springs VIC 3222
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Clifton Springs, a residential suburb fronting Port Phillip, is driven by older professional childless couples; 80.1% of homes are owner-occupied. Demand is steady, with houses selling in 34–42 days and annual sales near 184. Median house prices span $660,000–$712,000, with quarterly growth of 1.9% but mixed 12-month figures from -2.2% to +4.9%. Five-year growth is stronger: houses up 33.3%, units up 44.6%. Rental yields are modest at 3.7–4.1% for houses. Future growth is supported by tight rental supply—just nine properties available—and firm owner-occupier demand. Constraints include affordability stress given moderate incomes relative to prices, and an ageing demographic that may narrow the future buyer pool.
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PropCred Estimated Value
Comparable Sales: 14 Coral Court sold $680k–$720k (4 bed, larger) | 16 Leawarra Way listed $550k–$580k (3 bed, similar) | Property Price Band: $600k–$700k | Value Drivers: land size, condition, layout adaptability
Bedrooms
3
Bathroom
1
Parking
2
Land
604m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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