18 Lichfield Avenue, Jacana VIC 3047
18 Lichfield Avenue, Jacana VIC 3047
A street-fronted rendered brick house on its own title with a private driveway. The property offers 3 bedrooms, 1 bathroom, and 2 car spaces across an estimated 120 square metres of internal living space on a 257m² lot. The single-level layout includes two separate living areas and built-in robes, presenting a practical floorplan for renovation or redevelopment.
This property occupies a distinct position in Jacana due to its own title and street-fronted access, which are uncommon for smaller lots in this area. The rendered brick exterior and full-sized floorplan provide a solid foundation for renovators or builders seeking to unlock value in an established suburban setting. The configuration of two separate living areas adds flexibility for families or investors targeting tenants who value defined zones. The property is best suited to a buyer comfortable with hands-on improvement, as its core structure and lot size offer genuine potential without the complexity of a battle-axe block.
The smaller 257m² lot may constrain redevelopment scope compared to larger subdivided blocks nearby, limiting options for multi-bedroom new builds without careful design. The conflicting bedroom counts across data sources suggest uncertainty about the original layout or modifications, which might affect how buyers perceive the property’s functional capacity. The 2018 sale price provides a historical benchmark, but market conditions and renovation costs should be weighed carefully when forming a view on price. A buyer should verify the existing floorplan and assess whether the lot size aligns with their intended use, as this may influence both renovation budgets and future resale appeal.
Detailed Independent Property Report prepared by PropCred Analyst team for 18 Lichfield Avenue, Jacana VIC 3047
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Jacana is an affordable, tightly held residential pocket attracting young families and trades professionals seeking value near Melbourne. Demand is driven by its accessibility and relative affordability, resulting in strong auction clearance rates and significant price growth, particularly for units. The market is characterised by low stock levels and rapid sales, though declining transaction volumes suggest a potential constraint on liquidity and future momentum.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
255m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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