18 Denahy Court, Aspendale Gardens VIC 3195

18 Denahy Court, Aspendale Gardens VIC 3195
4-bed 3-bath family home | quiet court position | 538mΒ² land size | recent 2024 update This property presents a competitively strong offering for a family seeking space and modern convenience in a low-overlay suburb. Its four-bedroom, three-bathroom configuration on a 538-square-metre block is above the typical court home standard here, providing immediate functional advantage. The 2024 update and separate home office cater directly to contemporary live-work needs, while the quiet cul-de-sac location reinforces its appeal as a secure, low-traffic retreat. It serves the established family or professional couple seeking a long-term home with minimal compromise. Proceed with the understanding that the price premium for its extra bathroom and land size must be justified against nearby sales, which are not detailed here, presenting a valuation risk. The absence of overlays is a clear advantage, reducing holding cost uncertainty. The inferred gross yield is modest, confirming this is a primary residence purchase, not an investment pivot. Acquire for long-term occupation, leveraging its above-standard configuration and recent renovations to maintain equity position.

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

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Market Insight:

Aspendale Gardens is a family-oriented coastal suburb offering a sought-after lifestyle with strong freeway access. Demand is driven by families seeking a stable, owner-occupied environment near the beach, reflected in high outright ownership and low rental stock. The market is characterised by robust annual price growth and houses selling significantly faster than the previous year, indicating tight supply and competitive conditions. Future prospects are underpinned by its enduring appeal to owner-occupiers, though this same dynamic contributes to lower rental yields.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

3

Land

538mΒ²

Assessments Delivered Today

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