22 Grange Park Avenue, Doncaster VIC 3108

22 Grange Park Avenue, Doncaster VIC 3108
Expansive 6-bed residence | Inter-generational layout | Adjacent parkland & trails | Established school catchments This property presents a competitively strong proposition for a large or multi-generational family, given its six-bedroom configuration on a substantial near-800mΒ² block in a quiet, green setting. Its adjacency to reserveland and established catchments for well-regarded schools underpins its enduring appeal, positioning it as a rare find for buyers seeking space and lifestyle over a new build. The formal lounge and timeless design broaden its demographic appeal. Key considerations include verifying the nature of the bedroom increase since the 2014 sale, which may indicate renovation costs or approval needs. The substantial land component offers long-term value, but the premium for space demands a family occupancy to justify the holding costs. Proceed with a focus on a precise current valuation to anchor your offer, leveraging our report for tailored due diligence on locality risks and renovation compliance. * **22 Park Avenue, Doncaster:** A 5-bedroom house on a 725mΒ² lot with an estimated value of $1,634,000. This sets a price-per-square-metre benchmark of approximately $2,254 for the area. This comparable suggests the subject property’s larger land and bedroom count should command a significant premium, though final valuation must account for its specific condition and layout. Our analysis provides the commercial logic to test any asking price against these tangible market metrics.

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

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Market Insight:

Doncaster presents as a premium, well-connected eastern suburb with a clear divergence between its high-value house market and more accessible unit segment. Demand is steady and broad-based, supported by healthy rental growth and consistent sales volumes across both property types. Recent price trends indicate solid annual growth for houses, though with some quarterly softening, while unit growth remains more modest. Future performance will be influenced by sustained demand from buyers seeking established amenity, but is constrained by high price points that place it significantly above broader market averages, introducing affordability sensitivity.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

3

Land

794mΒ²

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