16 Devon Drive, Blackburn North VIC 3130

16 Devon Drive, Blackburn North VIC 3130
4 bed house | 590sqm land | Blackburn North | established street | stable owner-occupier area This property offers a rare combination of generous land size and floor area for a family home in a highly stable owner-occupier suburb. The 590sqm block with a 305sqm house provides genuine space and configuration flexibility, positioning it well against smaller or more subdivided lots. The streetโ€™s recent comparable sale at $1,820,000 signals strong local demand, and the absence of bushfire risk adds to its appeal for families seeking a secure long-term home. This house best suits buyers wanting a solid family residence with room to adapt over time. The main risk is the variation in bathroom and car space counts, which may indicate dated or non-standard layouts that could affect immediate livability or future resale. A buyer should verify the actual configuration and consider the cost of any updates if needed. The opportunity lies in the land value and floor areaโ€”both are above typical for the area, giving the owner scope to renovate or hold for land appreciation. Use this property as a family home with potential to improve or redevelop when the market aligns.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 16 Devon Drive, Blackburn North VIC 3130
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Market Insight:

This suburb is a well-established family enclave, with demand firmly anchored by owner-occupiers seeking houses. These properties are transacting swiftly, reflecting strong competition and sustained price growth. In contrast, the unit market presents a clear divergence, experiencing softer conditions with longer marketing periods and price pressure. Future performance hinges on this enduring family demand, though investors should note the pronounced segmentation between housing types.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

590mยฒ

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