18 Elmswood Boulevard, Keysborough VIC 3173
18 Elmswood Boulevard, Keysborough VIC 3173
534m² single-level house | established Keysborough pocket | strong public school pairing | couple and family demand | no overlay constraints
A generous 534m² parcel is offered here, in a suburb where detached houses on usable blocks are the backbone of demand. The configuration is well-suited to a family buyer seeking single-level living without strata constraints, and the school catchment pairing, with both a solid primary and a secondary college, is expected to widen the pool of interested households. The property is positioned in the established middle band of Keysborough rather than a fringe estate, where everyday infrastructure is already in place. The strongest fit is seen as a couple or young family upgrading from a unit or townhouse, or an investor who values stable rental demand over speculative growth.
Value may be influenced heavily by the home’s internal condition, where the price might be capped near the lower end of the family-home band by a dated interior, or lifted toward the top by a fresh kitchen or bathroom. The lack of overlay constraints may also be weighed by a buyer considering extension options, though rear-unit potential would require council confirmation.
Detailed Independent Property Report prepared by PropCred Analyst team for 18 Elmswood Boulevard, Keysborough VIC 3173
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Keysborough, in Greater Dandenong, is a family-oriented market with 2–5 bedroom houses transacting from $711k and strong auction participation. Demand is led by owner-occupiers and investors, supported by median house rents of $700 weekly and gross yields of 3.45–4.23%. House prices cluster near $1M, with annual growth of 4.4–6.33% across sources; units median around $700k, growing 2.52–7.7%. Sales volumes remain substantial at 316–501 per year, though house sales fell 8.3% year-on-year and days on market lengthened to 52 (up 40.5%). That cooling, alongside a 51.5% drop in unit sales, signals affordability and rate sensitivity. Five-year house gains of 29.61% and persistent rental demand underpin the outlook.
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PropCred Estimated Value
Comparable sales include 18 Orloff Street at $982,000 and 26 Petunia Drive at $907,000. On balance, this property is likely to sit within the high-$800,000 to low-$900,000 range, with final value tied to internal condition.
Bedrooms
4
Bathroom
2
Parking
-
Land
447m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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