24 Boorool Road, Kew East VIC 3102
24 Boorool Road, Kew East VIC 3102
4 bed family house on 638m² | Kew High & East Primary zones | Premium eastern suburb pocket | Strong school-driven demand
This property occupies a genuinely competitive position in Kew East because it combines a full four-bedroom family layout with a land size that supports the detached-house lifestyle most buyers in this corridor are chasing. The double garage and three bathrooms give it a practical edge over older renovated stock on similar blocks, and the school catchment pairing is a significant draw for families who want to stay in the public system without compromising on address. It sits comfortably in the upper tier of the suburb’s house market, and the buyer it serves best is a growing family prioritising school access, space, and a quiet residential street over proximity to train stations or apartment convenience.
The value picture here is shaped by how the house presents relative to its land. A 638m² block in this pocket is substantial, but the final price may hinge on whether the internal condition and layout justify the premium over nearby three-bedroom homes that have already sold well. The auction format means buyer competition will set the ceiling, and the absence of stated building age or renovation details suggests some uncertainty about how much work might be needed after purchase. Buyers should weigh the cost of any immediate upgrades against the strength of the school zone demand, which tends to hold value even in softer market conditions.
|| Comparable Sales: 4 Boorool Road sold $2.7M, 15 Boorool Road sold $2.4M | Property Price Band: $2.6M–$2.8M | Value Drivers: land size, school catchment, four-bedroom layout with three bathrooms
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Boorool Road, Kew East VIC 3102
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Kew East is an established, high-value suburb with a median house price of $2.3m, well above national averages, and a professional-skewed demographic concentrated among 50–59 year olds. Demand comes from established households—likely empty-nesters and downsizers—given the 66% house/34% unit mix and median household size of 2.7. House prices grew 3.72% annually; recent sales show a median of $2.15m, up 5.9% year-on-year, though alternate sources put it lower. Units outperformed, rising 18% to $1.21m, with a 3.3% rental yield. Market conditions are firm: houses sell in a median 25 days, units in 38. Key constraints are severe affordability barriers and shrinking transaction volumes—house sales fell 33% year-on-year—limiting upside.
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PropCred Estimated Value
Comparable Sales: 4 Boorool Road sold $2.7M, 15 Boorool Road sold $2.4M | Property Price Band: $2.6M–$2.8M | Value Drivers: land size, school catchment, four-bedroom layout with three bathrooms
Bedrooms
4
Bathroom
3
Parking
2
Land
638m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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