19 Warriparri Cres, Greensborough VIC 3088
19 Warriparri Cres, Greensborough VIC 3088
4-bed family house | 581m² land | bushfire overlay flagged | FTTP + 5G confirmed | strong school catchment
This property holds a clear competitive edge in Greensborough’s family market, offering a four-bedroom, two-bathroom layout on a 581m² block that suits owner-occupiers prioritising school access and everyday practicality. The 252m² building footprint is generous for the area, providing substantial living space that outperforms many nearby older homes. With Greensborough Primary and Secondary College both within catchment, and a street profile dominated by long-term residents, this house is best positioned for families seeking stability and convenience over investment-style returns. The bushfire overlay is the only notable environmental constraint, but it does not diminish the property’s core appeal as a solid, well-sized family home in a sought-after pocket.
Value may be influenced by the absence of a confirmed build year and interior finish details, which could mean the condition inside is either dated or updated—a factor that might shift perceived worth significantly. The bushfire overlay could affect insurance costs or future renovation flexibility, while the wide valuation spread across sources suggests the market has not settled on a clear price point. Buyers should weigh the property’s large floor area against its slightly smaller lot relative to street peers, and consider whether any required updates would close or widen that gap. The 2021 sale history provides a baseline, but market movement since then means current pricing should be assessed against fresh comparable evidence.
Detailed Independent Property Report prepared by PropCred Analyst team for 19 Warriparri Cres, Greensborough VIC 3088
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Greensborough, in Melbourne’s north-east, offers road connectivity via Diamond Creek Rd and an active market with 55 listings last month. Demand is driven by broad buyer interest across owner-occupier and investor segments; houses and units both sell in a median 25 days, with 243 house and 88 unit sales over the past year. Rental demand is firm, particularly for units, which saw rents rise 4.3%. House medians range from $986,900 to $1,100,711, with annual growth between -2% and 3%; unit medians span $665,000 to $760,750, with growth from -3.3% to 3.17%. Recent performance is mixed, with house values up 0.5% but unit values flat on one measure. Future growth rests on continued quick turnover and rental demand, but risks include unit auction clearance at 41.7% (down 37.5%) and rate sensitivity.
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PropCred Estimated Value
Comparable Sales: 19 Warralong Ave sold $950k May 2026; 24 Warriparri Cres sold $670k Dec 2022 | Property Price Band: $1.1M–$1.2M | Value Drivers: building size, school catchment, land shape and condition
Bedrooms
4
Bathroom
2
Parking
1
Land
581m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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