18 Belle Vue Avenue, Highton VIC 3216

18 Belle Vue Avenue, Highton VIC 3216
Corner block in established Highton | 1960s house on 606mΒ² | Flood overlay present | Zoned for primary & high school This property presents a clear opportunity for a buyer seeking land value in a stable catchment. Its corner allotment on a substantial 606 square metre block in an established street is the primary feature, offering future potential beyond the existing 1960s house. The zoning for both Roslyn Primary and Belmont High School provides a permanent demand lever from families, making this a strategic purchase for an owner-occupier or a long-term holder capitalising on land appreciation. The flood overlay is a material risk that necessitates immediate due diligence, likely impacting insurance costs and future renovation approvals. The absence of recent comparable sales data in the provided information requires urgent rectification to validate the price bracket. Proceed only with a structured offer conditional on a satisfactory flood report and building inspection, positioning this as a land-backed entry into the school catchment with a functional existing house.

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

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Market Insight:

Highton presents a well-established market with strong fundamentals, appealing to both first home buyers and investors. Demand is broad-based, supported by recent infrastructure enhancements and a notably undersupplied rental market, particularly for houses. Recent sales activity indicates robust momentum, though planned new supply remains insufficient to meet current demand levels. This persistent undersupply, coupled with interest rate sensitivity, represents the primary constraint on future affordability and growth.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

2

Land

606mΒ²

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