21 Christine Avenue, Alfredton VIC 3350
21 Christine Avenue, Alfredton VIC 3350
Large 728 m² block | 4-bed single-bath layout | Established 1970s stock | School catchment access | Owner-occupied family suburb
A generous 728 m² parcel is offered here, a size rarely seen in Alfredton’s newer developments and one that gives this house a clear edge over more compact contemporary stock. The four-bedroom, single-bathroom layout is characteristic of the established Christine Avenue pocket, where detached houses on large blocks are typically found. This property is best suited to families seeking a solid foundation on substantial land, with scope for future extension being clearly evident. The surrounding area is dominated by owner-occupiers, reflected in stable, family-oriented neighbourhood conditions. Close access to Alfredton Primary School and Ballarat High School is provided through the school catchment, strengthening the appeal among buyers with school-aged children.
The single bathroom may be seen as a constraint when measured against newer four-bedroom homes, and the overall condition of the dwelling could play a meaningful role in how the property is valued. The large land component may offset this, depending on whether a buyer arrives seeking a finished family home or a project with clear capacity for improvement. Future value might therefore be shaped more by renovation potential and the eventual use of the rear yard than by the current dwelling alone.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Christine Avenue, Alfredton VIC 3350
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Alfredton, near Ballarat in regional Victoria, is a family-oriented market underpinned by high household incomes. Sales of 3-5 bedroom houses dominate, with 375-391 houses sold annually. Median house price is $625,000, with annual growth of 2.5-4.4% and quarterly growth of 1.63%; houses sell in 38-42 days. Units are thinner: only 22 sales, median $360,000-$432,500, but yields are higher at 4.7-5.1% versus houses’ 3.7-3.8%. Median rents are $470 (houses) and $380 (units). Demand drivers include stable rental income and high turnover; constraints include vehicle-dependent transport and limited unit supply. Future growth relies on maintained affordability and steady rental demand.
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PropCred Estimated Value
Comparable Sales: 22 Christine Avenue, $610,000; 21 Vetrano Avenue, $608,000 | Property Price Band: $600,000–$700,000 | Value Drivers: land size, single-bath layout, renovation potential
Bedrooms
3
Bathroom
1
Parking
2
Land
728m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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