24 Feedwater Road, Donnybrook VIC 3064

Modern 4-bedroom on 400sqm | North-facing | Theatre room | Walk to station | Low-maintenance This property offers a rare combination of modern floorplan efficiency and commuter convenience, with its north-facing orientation and dedicated theatre room providing genuine lifestyle differentiation in a market where most new builds are identical. The 234sqm internal space on a compact 400sqm lot means low upkeep without sacrificing living areas, making it ideal for young families or downsizers seeking lock-and-leave functionality. The walking distance to Donnybrook Station and school catchment positioning strengthen its appeal for owner-occupiers, which is the primary buyer profile in this street where 80% are owners. The key risk is the compressed lot size and 59% building coverage, which limits future extension potential and may deter buyers seeking a larger garden. The suburb’s 0.8% growth and 27% auction clearance suggest soft demand, so paying at the upper end of the $699K–$739K range carries immediate negative equity risk. However, the rental midpoint of $545/week yields a reasonable 3.8%, offering a fallback if resale timing is poor. Hold for at least five years to recoup transaction costs and benefit from infrastructure maturation in this growth corridor.