22 Camfield Cres, Mambourin VIC 3024
22 Camfield Cres, Mambourin VIC 3024
New build | 4-bed family home | dual living areas | solar panels | zoned for P-12 college
This property presents a competitively strong, modern family home in a growth corridor, built in 2022 with key contemporary finishes. Its four-bedroom layout with two living areas and an ensuite serves the family buyer segment directly, while the solar panels and ducted heating provide operational cost efficiency. The absence of environmental overlays simplifies due diligence. It is best suited for an owner-occupier seeking a turnkey home within a specific school zone, as its configuration is a precise match for that demographic.
The primary risk is a listing price positioned significantly above both its automated valuation and recent nearby sales, creating an immediate overpayment hazard. The opportunity lies in leveraging the vendor’s potential motivation, indicated by the wide listing range, to negotiate toward a value more aligned with the $779,000 estimate. Acquire only at a corrected price that reflects the local market; otherwise, the capital outlay will not be justified by the comparable evidence.
Nearby sales indicate a softer market for newer homes in Mambourin.
* Lot 503 Partnership Way: $612,300Β$622,300 (4 bed)
* 20 Drum Street: $610,000Β$640,000 (3 bed)
* 13 Loader Street: $650,000 (3 bed)
* Lot 2452 Windermere: $657,000 (4 bed, 3 bath)
This comparable activity suggests the subject property’s current asking range is ambitious, as recent transactions for similar stock cluster notably lower.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Mambourin is a developing semi-rural locality attracting buyers seeking a quiet lifestyle in modern housing estates. Demand is driven by high-income households, evidenced by household earnings well above the metropolitan average. Recent house price growth has been modest, with a stable rental market for houses, though the market for units is nascent and illiquid. Future growth is linked to its ongoing development, but key constraints include its small, evolving market and sensitivity to broader economic conditions affecting its mortgage-heavy ownership base.