17 Lebanon Street Strathmore VIC 3041

17 Lebanon Street Strathmore VIC 3041
| 1950s brick veneer | 3+ bed study | 91% site coverage | sought-after Strathmore pocket | FTTP & 5G | This property offers a rare configuration edge: a generous study plus a cellar or flexible fourth bedroom, which is unusual in a 275mยฒ footprint and gives it genuine appeal to families or professionals needing a home office or guest space. The 91% building coverage signals a maximised floor plan on a compact lot, making it competitively strong for buyers prioritising internal space over land. Positioned in a sought-after Strathmore pocket with good school zoning and transport links, it best suits owner-occupiers who value location and liveability over future subdivision potential. The main risk is the tight site with minimal outdoor area, which may limit appeal for buyers wanting a garden or room to extend. The 1950 build will require ongoing maintenance, and the high coverage ratio leaves little buffer for renovations without structural changes. However, the rental income potential of $950 per week offers a solid holding strategy if circumstances shift. Hold this property as a long-term family home or a reliable rental in a well-connected suburb.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Strathmore is a well-established, family-focused suburb prized for its strong school zones and generous homes, attracting professional buyers. Recent house price trends show volatility, with market conditions reflecting a measured pace of sales. Future demand is anchored by its enduring appeal to families, though price sensitivity remains a key consideration in the current climate.
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PropCred Estimated Value

Bedrooms

3

Bathroom

3

Parking

3

Land

275mยฒ

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