188 Holland Road, Burwood East VIC 3151

188 Holland Road, Burwood East VIC 3151
Multi-level family zoning | Leafy reserve proximity | Flood overlay present | Larger than typical stock | Strong school catchments This house presents a competitively strong proposition for a growing family seeking space and separation, a profile common in this suburb. Its six-bedroom, multi-level configuration is notably larger than the local typical stock of three-to-four bedroom homes, offering clear dual-living or extended family potential. The thoughtful zoning across levels and proximity to well-regarded school catchments directly serves families needing functional space over mere square metres. Its position near reserves and arterials balances lifestyle convenience with commuter access. The primary decision mechanism is the flood overlay, which imposes a tangible risk requiring specific due diligence and potentially affecting insurance costs and future development. The 1980 build age necessitates a thorough building inspection to assess update costs against the described tasteful renovations. Commercial logic lies in holding it as a long-term family home to capitalise on its scarcity of size and zoning; it is less suited as a yield-focused investment given the estimated sub-market rental yield. Proceed with a conditional offer contingent on flood and building reports. Sold 1 Apr 2017 for $1,066,000. This seven-year growth trajectory provides a concrete benchmark, suggesting a sustained upward trend in value for well-located, larger-format homes in the area. It anchors the current price within a historical performance context.

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

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Market Insight:

Burwood East is a family-oriented suburb with a robust housing market, evidenced by strong auction clearance rates and consistent sales volumes. Demand is primarily driven by families seeking larger homes, supported by the demographic profile. House prices demonstrate steady annual growth, while the unit market shows more variable performance and longer selling periods. Future growth is underpinned by sustained family demand, though affordability constraints at current price points and a recent dip in sales volume present potential headwinds for the market’s momentum.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

-

Land

689mΒ²

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