17 Jindabyne Avenue, Chadstone VIC 3148
17 Jindabyne Avenue, Chadstone VIC 3148
Single-level 3/1/2 on 604m² | Established pocket, high point | Needs TLC, solid bones | Rear extension potential
The property is set on a relatively level 604–610 m² block in an established Chadstone pocket. The house is positioned toward the front, with a large rear yard retained. Its compact single-level layout is suited to owner-occupiers seeking renovation or extension opportunities. Investors may be attracted by the rental demand generated from proximity to Holmesglen, Jordanville stations, and Chadstone Shopping Centre. Polished floorboards, ducted heating, and an external studio or workshop are included, adding functional flexibility. A high point in the street is occupied, potentially offering views. GRZ3 zoning is applied, allowing redevelopment consideration. This house is best served for buyers wanting land and position over pristine presentation.
The dwelling’s age and condition may materially affect its price, as dated interiors may deter some buyers but appeal to project seekers. The studio and rear yard may add value, yet they hint at possible non-approved works. Market activity and redevelopment potential could support a strong price, though immediate updates or a full rebuild might cap downside. Buyers should weigh renovation costs against land worth.
Detailed Independent Property Report prepared by PropCred Analyst team for 17 Jindabyne Avenue, Chadstone VIC 3148
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Chadstone presents a family-oriented market of 9,554 residents, where professional households aged 30-39 drive demand for detached housing. Price data diverge: the January 2026 median house value is $1,162,908, a 3.3% annual change, while other sources range from $1.29M to $1.4M. Units are stronger at $888,000, appreciating 10.3% annually. Houses sell in 29-68 days, units in about 40. Rental yields are 3.5% for houses and 4.1% for units; rents rose 16.1% and 10.9% annually respectively. Sustained rental pressure supports growth, but the wide price range, slower house growth, and affordability constraints expose rate sensitivity as the principal risk.
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PropCred Estimated Value
Comparable Sales: 37 Jindabyne Ave, $1,259,000 (2017) | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, rear extension, condition
Bedrooms
4
Bathroom
2
Parking
2
Land
604m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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