18 Liquidamber Street, Doveton VIC 3177

Freshly updated 3-bedder on 576sqm | flood overlay flagged | Doveton family pocket | recent 2024 sale signals momentum The property presents a clean entry point into Doveton’s established residential corridor, where the 576sqm land component and recent cosmetic refresh give it an edge over neighbouring stock still needing work. For a buyer seeking a turnkey family house with room to add value later, the low building coverage at 27% leaves meaningful scope for rear extension or a shed—a rare configuration in this price tier. The flood overlay is the principal risk, and it is not trivial. It may restrict certain ground-level alterations and will likely push insurance premiums higher, which a buyer must factor into holding costs. Offsetting this, the 2024 sale at $620k and current rental estimate of $590 per week suggest the market has already priced the overlay in, meaning a disciplined buyer can secure it below replacement cost. Hold this property as a medium-term family home or rent it for a gross yield near 4.6% while the land appreciates.