23 Artists Cres, Narre Warren South VIC 3805
23 Artists Cres, Narre Warren South VIC 3805
Reserve-front family layout | Four bedrooms two living areas | Renovated kitchen ducted climate | Solar panels double garage | School-zoned setting
Opposite Strathaird Reserve, this house is positioned for immediate park access, a rare advantage for families. Four bedrooms and two living areas are provided for practical space division. A renovated kitchen and ducted heating and cooling are included, along with solar panels for reduced energy costs. The double garage and 490 m² block meet typical suburban expectations. This property is best suited to owner-occupier families or upgraders seeking a move-in ready home within established school catchments.
The established age of the house, indicated by a 2012 sale, may require ongoing maintenance despite partial updates. School performance is not confirmed, which might be viewed as a limitation for some buyers. The absence of overlay constraints allows flexibility, but the standard residential zone may restrict exceptional price growth. These considerations may be weighed against the property’s family appeal and reserve position.
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Artists Cres, Narre Warren South VIC 3805
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
✕
2
Market Insight
Narre Warren South is a family-oriented suburb experiencing steady residential growth, supported by expanding retail amenities. Demand is primarily driven by owner-occupying families, creating a competitive sales environment with properties transacting quickly. Recent price growth has been solid, though market conditions show signs of softening with increased time on market and lower auction clearance rates. Future growth is underpinned by ongoing development and population increase, yet key risks include rising market supply and sensitivity to broader economic conditions affecting buyer activity.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
490m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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