19 Sweet Gum Place, Sandhurst VIC 3977
19 Sweet Gum Place, Sandhurst VIC 3977
Quiet court house | 255m² of living | four bedrooms and three zones | study plus gym | strong owner-occupier appeal
A substantial family house is positioned on a quiet court within a masterplanned estate. The 255m² building envelope, four bedrooms, three living areas, study, gym and solar array are combined to deliver the versatility of a larger home, while maintenance is kept practical on a 609m² lot. Owner-occupiers are served by this configuration, with space, privacy and functionality provided without excessive upkeep. A captive family buyer pool is created by the cul-de-sac placement and estate character, and appeal to professionals and downsizers is extended by the study and gym. It is aligned with the stronger end of suburban family stock.
Price may be influenced by how a 609m² block is viewed within an estate where larger parcels exist, and by the condition of the internal finishes since the last sale. Owner-occupier demand is expected to be the primary driver, so presentation and layout are likely to be weighted more heavily than rental return. A premium might be tempered by any required updating.
Detailed Independent Property Report prepared by PropCred Analyst team for 19 Sweet Gum Place, Sandhurst VIC 3977
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Sandhurst, a boutique bayside precinct 37km southeast of Melbourne’s CBD near Carrum Downs, is a family market: 55% of households are couples with children, 89% are families, and 28% are over 55. Demand comes from golf-and-lifestyle appeal, with 57% of people in the area classified as purchasers. House prices sit around $1.03–$1.10 million, with annual growth of 5.0–10.3%; units are $785,000, growing 1.49%. Houses trade in 44–64 days, with 93–107 annual sales. Gross yields of 4.0–4.1% and weekly rents of $743–$800 underpin investment, but 67% mortgage incidence and owner-occupier skew heighten rate sensitivity. Future growth relies on lifestyle and southeast corridor appeal; key constraints are affordability, with prices above the Melbourne median, and limited unit growth.
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PropCred Estimated Value
Comparable Sales: This house sold for $955k in 2021 and $1.15m in 2022 | Property Price Band: $1.1M–$1.2M | Value Drivers: condition, land size, flexible layout
Bedrooms
4
Bathroom
2
Parking
2
Land
609m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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