18 The Crest, Attwood VIC 3049
18 The Crest, Attwood VIC 3049
18 The Crest Attwood | 3-bedroom house | 214m² land | auction 30 May | 92% clearance rate
This property enters a seller’s market with a 92% clearance rate for three-bedroom houses in Attwood, where only 18 sales have occurred this year, indicating constrained supply. The 214m² land size is below the suburb median but typical for newer infill, and the 80% owner-occupier street profile signals stable long-term demand rather than investor churn. The property suits first-home buyers or downsizers seeking a turnkey house in a low-turnover pocket, with the auction format allowing price discovery in a competitive environment.
The key risk is the price guide sitting below the $865,000 median, which may reflect the smaller block or condition issues not disclosed; buyers should budget for potential renovation costs. The 20% rental proportion on The Crest suggests some transient tenancies, but this is offset by strong owner occupancy. The auction date of 30 May gives three weeks for due diligence, including school catchment verification with Westmeadows Primary. Hold this property as a long-term residence in a supply-constrained suburb with consistent clearance rates.
Detailed Independent Property Report prepared by PropCred Analyst team for 18 The Crest, Attwood VIC 3049
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Attwood leverages its proximity to emerging boutique retail and cafe strips, offering residents a highly targeted lifestyle and infrastructure advantage. Aggressive investors targeting gentrification upside are aggressively driving the housing demand here to secure a foothold in this specific postcode. This pocket has proven resilient, outperforming broader market averages due to intense inner-ring demand.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
214m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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