23 Sash Street, Greenvale VIC 3059

Single-storey family home | park-facing position | built 2020 | strong floor-to-land ratio in Greenvale The property’s competitive edge lies in its modern single-storey layout on a 448sqm block with 287sqm of internal space, a configuration rarely available in Greenvale’s newer developments. Built in 2020, the home offers high ceilings and timber floors that appeal to families seeking low-maintenance living without compromising on space. Its position opposite a park, combined with proximity to shops and schools, makes it a strong option for owner-occupiers prioritising convenience and a family-friendly environment. The main risk is the property’s limited land component relative to its building footprint, which may constrain future renovation or extension potential. Buyers should note the 2017 land purchase price of $381,000, indicating substantial value uplift from the dwelling construction. For investors, the estimated $795 weekly rent suggests a moderate yield in a suburb where newer homes typically command premium rental demand. The absence of flood, bushfire, or heritage overlays reduces holding risk. This property suits a buyer seeking a turnkey family home with immediate amenity, rather than a landbanking opportunity.