23 Renaissance Boulevard, Mernda VIC 3754
23 Renaissance Boulevard, Mernda VIC 3754
5 bedrooms, 2 bathrooms, double garage on a 456 m² single-storey house in Mernda. The property sits within the Renaissance Rise estate and was built around 2012. This configuration is above average for bedroom count in the suburb but on a smaller than typical land size for a five-bedroom home.
What is competitively strong about this property is its five-bedroom layout in a single-storey design, which is relatively uncommon in Mernda where larger homes often go two-storey. This configuration serves large families well, offering separation without stairs. The Renaissance Rise estate carries a perceived prestige that distinguishes it from surrounding developments, and the absence of flood or heritage restrictions adds practical flexibility. The property is best suited to families seeking a higher bedroom count at a more accessible price point than the suburb’s median, or investors targeting the strong rental demand for larger family homes in this corridor.
The land size of 456 m² is a real constraint for a five-bedroom house. It may limit future extensions, shedding, or outdoor space compared to larger blocks typical for this room count. The single-storey footprint might reduce privacy and separation relative to two-storey alternatives. The property’s age, around 14 years, means finishes and systems may require attention sooner than a newer build. Buyers should weigh the trade-off between bedroom count and land size carefully, and factor in potential renovation costs when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Renaissance Boulevard, Mernda VIC 3754
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Mernda is a fast-growing, family-oriented suburb offering modern housing and established amenities. Demand is driven by families seeking affordable homes in a community-focused environment with parks and schools. Recent house price growth has been solid, though the unit market has softened, with houses transacting relatively quickly. Future growth is anchored in its established appeal, while the primary constraint is the high proportion of mortgaged owners, indicating potential sensitivity to economic shifts.
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PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
2
Land
456m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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