17 Geometry Drive, Charlemont VIC 3217
17 Geometry Drive, Charlemont VIC 3217
This property is a 4-bedroom, 2-bathroom house on a 350 m² lot with 4 car spaces and approximately 179 m² of floor area. It was sold in 2025 and is in Charlemont, a growing family suburb.
The 4-car parking is a standout feature, offering rare utility for a family home on a mid-sized lot. This positions the house well for buyers with multiple vehicles, a boat, or a need for substantial storage. Its configuration aligns with typical family demand in Charlemont, where 4-bedroom homes are the norm. The lot size is balanced, offering more space than smaller blocks without the maintenance of larger ones. This property serves families and first-home buyers seeking a practical, move-in-ready home in a well-located, established residential street.
The sale price from 2025 is not disclosed, which may create uncertainty when forming a view on current value. The lot size, while functional, is smaller than some premium blocks in the suburb, which might cap long-term land value appreciation. Rental demand appears active, but without a known rent figure, yield potential cannot be confirmed. The property is not currently listed, so market exposure and buyer competition are absent. Any future value will depend on how these factors align with prevailing market conditions.
Detailed Independent Property Report prepared by PropCred Analyst team for 17 Geometry Drive, Charlemont VIC 3217
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
This suburb presents a stable, established market for houses, with consistent demand evidenced by brisk sales and relatively short selling periods. Recent price growth has been moderate, supported by solid rental yields that attract investors seeking reliable income. The market is primarily driven by owner-occupiers and investors drawn to its affordability and steady performance. Future growth will hinge on broader economic factors, with the key constraint being its sensitivity to interest rate movements which could temper buyer activity.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
4
Land
350m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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