16 Matta Drive, Churchill VIC 3842

16 Matta Drive, Churchill VIC 3842
Family compound potential | Churchill’s largest standard lot | dual living zones | pool and workshop-ready garage This property sits on one of the largest residential blocks in Churchill, and that land component is the primary competitive advantageโ€”not the house itself. The 1.11 acres with only 13% building coverage means a buyer acquires genuine subdivision optionality or the ability to add a secondary dwelling, which is rare in this corridor. The two separate living areas and renovated ensuite make it immediately functional for a multigenerational household or a family needing separation between parents and children. The swimming pool and blackwood kitchen are lifestyle differentiators that lift it above the standard brick veneer stock in the area. This house best suits a buyer who values space over proximityโ€”someone working remotely or willing to drive 10 minutes for services. The bushfire overlay is the material risk; it constrains insurance costs and may limit some future development approvals, so a buyer should commission a BAL assessment before exchange. The 602mยฒ building footprint is large for a single family, meaning heating and cooling costs will be above average despite the gas central system. The sales history shows a clear value jump from $420,000 to $849,000 in a single transaction cycle, which suggests the previous owner captured most of the land re-ratingโ€”do not expect that pace to repeat. The opportunity lies in holding for subdivision once zoning permits smaller lot sizes, or in immediately renting at $540 per week to cover holding costs while the land appreciates. Buy this for the dirt, not the dwelling.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 16 Matta Drive, Churchill VIC 3842
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Market Insight:

Churchill presents as an established, owner-occupied market characterised by a mature demographic profile. Demand is anchored by outright owners, creating a stable but less liquid environment. Recent price trends indicate solid capital appreciation, supported by consistent rental demand and attractive yields for houses. Future growth will likely hinge on broader regional factors, though the market’s pace is measured, with properties typically taking a considerable time to sell.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

1.11 acres

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