22 Alabaster Avenue Cobblebank VIC 3338

22 Alabaster Avenue Cobblebank VIC 3338
Modern 4-bed family home | low-maintenance 362mΒ² block | walk to station & shops | fibre & 5G coverage | no overlays This property presents a competitively strong, modern package for first home buyers or investors targeting MelbourneΒ’s growth corridors. Its configurationΒ—four bedrooms, two baths, and a double garageΒ—matches high local demand, while the low-maintenance lot and walking proximity to Cobblebank Station and Village Shopping Centre provide a tangible lifestyle and convenience edge. It best serves buyers seeking a turnkey home in an established, family-oriented neighbourhood with future infrastructure like the Melton Hospital secured. The primary risk is the suburb’s modest growth trajectory, which may constrain short-term capital gains, while the 3.5% rental yield is typical rather than exceptional. The commercial logic lies in securing a contemporary, low-upkeep property in a fully serviced location, avoiding the premium for established inner suburbs. Hold this as a long-term rental or owner-occupier base; its modern finishes and fibre connectivity support sustained tenant appeal. Our detailed report provides the real market valuation, locality risk assessment, and insurance guidance specific to this propertyΒ’s profile. Recent comparable sales within 2km indicate active market conditions. For example, similar properties have sold in the last six months, providing a direct benchmark for this home’s likely value. This data confirms the established price range for modern four-bedroom homes in Cobblebank, grounding the asking price in immediate local evidence.

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

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Market Insight:

Cobblebank is a young, growth-focused suburb positioned as a future regional centre, offering city access and major new infrastructure. Demand is driven by buyers and investors attracted to its development pipeline, including the soon-to-open hospital and stadium. Recent price trends have been soft, with a stable but slower-moving market. Its future hinges on the delivery of promised amenities, though its growth-dependent nature presents inherent execution risks.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

362mΒ²

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