24 Pascal Cres, Kalkallo VIC 3064

24 Pascal Cres, Kalkallo VIC 3064
4 bed 2 bath on 448 m² | double remote garage plus third space | separate lounge plus alfresco | ducted heating and evaporative cooling | family-focused growth corridor The configuration is well matched to family demand in the newer northern growth corridor, where four bedrooms and two bathrooms are the standard expectation. The third car space provides a practical edge over the typical two-car layout, and the separate formal lounge is combined with an open outdoor entertaining area, giving the floor plan a level of separation that is not always found in comparable new housing. The house is finished with floorboards, built-in robes, ducted heating, and evaporative cooling, which places it at the middle-to-upper end of the spec expected in this pocket. It is best suited to owner-occupier families seeking a modern, low-maintenance home, though the rental interest in the corridor gives it genuine appeal for investors as well. The compact 448 square metre lot keeps outdoor upkeep manageable, and the fully fenced yard works well for children or pets. Value may be influenced by the reported building coverage, which appears high for the lot size, and this might limit future extension potential or affect how the outdoor space is perceived. The property’s position within the estate and the quality of neighbouring development might also shape market pricing. The dwelling’s age, believed to be around 2019, should be weighed against the maintenance costs of a newer home, which remain modest in the short term.
Detailed Independent Property Report prepared  by PropCred Analyst team for 24 Pascal Cres, Kalkallo VIC 3064
Checks found:
Value Risk
Liquidity Risk
Planning Risk ! 1
Income Risk
Execution Risk 2
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Market Insight

Kalkallo, 31km north of the CBD, sits in one of Melbourne’s newest growth corridors, anchored by large-scale developments. Tenant demand is firm: house rents rose 6.4% and unit rents 9.5% over the year. House prices are split across sources, with medians ranging from roughly $591,000 to $711,000 and annual growth flat to 3%. Market conditions have softened: houses take 58–90 days to sell, the auction clearance rate is 26.3–33.3% against a metro average of 77.8%, and annual sales are down 10.2%. Future growth relies on continued infrastructure and housing delivery in the corridor, while the key constraints are weak buyer confidence, drawn-out selling times, and falling clearance rates.
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PropCred Estimated Value

Comparable Sales: a 4/2/2 on a 440 m² lot sold at $718,000; a 4/2/2 with similar finish sold at $739,000 | Property Price Band: $650K–$750K | Value Drivers: floor plan separation, third car space, present condition

Bedrooms

4

Bathroom

2

Parking

3

Land

448m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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