17 Beatty Avenue, Croydon VIC 3136
17 Beatty Avenue, Croydon VIC 3136
4-bed potential in 2-bed listing | prime Croydon street | recent sales over $1.1M | land size over 420sqm
The house presents a clear value opportunity based on its underlying land size and the established price ceiling on Beatty Avenue, where recent sales demonstrate strong demand for family-sized homes. The significant discrepancy in reported bedroom counts suggests either a major renovation potential or a listing error; a four-bedroom configuration would align it directly with the top-performing comparables on the street, making it best suited for a buyer seeking a family home or a strategic renovator. Its position within a small, established enclave of only 16 properties offers relative scarcity.
Proceed only after physically verifying the true bedroom configuration, as this dictates the entire financial logic. The risk is overpaying for a two-bedroom house against four-bedroom comparable prices, a premium with no recovery path. The opportunity is securing a four-bedroom footprint at a potential discount due to listing confusion. Acquire for a hold, as immediate development upside is limited by the existing dwelling; its value is in its use as a primary residence or a medium-term land bank.
Recent sales on Beatty Avenue establish a firm benchmark:
– 8 Beatty Avenue (4 bed, 2 bath) sold for $1,120,000 in October 2025.
– 5 Beatty Avenue traded for $1,160,000 in September 2024.
This activity confirms the street’s valuation band, meaning any offer for No. 17 must be justified against these clear, recent results.
Detailed Independent Property Report prepared by PropCred Analyst team for 17 Beatty Avenue, Croydon VIC 3136
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
Croydon is a stable, high-ownership suburb attracting established families and new buyers drawn by its community appeal and proximity to quality schools and transport. Recent market conditions show strong buyer interest with properties transacting quickly, supported by solid price growth across both houses and units. Future demand is underpinned by ongoing infrastructure improvements and its established amenity, though the market shows some sensitivity with a slight softening in sales activity and longer selling periods compared to prior years.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!