24 Pitfield-Scarsdale Road, Scarsdale VIC 3351
24 Pitfield-Scarsdale Road, Scarsdale VIC 3351
Semi-rural 1,200m² lot | House-and-land pocket | Bushfire overlay likely | Space-focused buyer appeal | Low-density Scarsdale fringe
This property sits within a low-density residential pocket where new house-and-land packages and larger lifestyle allotments define the local character. The configuration, likely around 1,200m², offers a rare balance of manageable land size and semi-rural openness, appealing strongly to buyers seeking space without the maintenance burden of acreage. It serves best those transitioning from suburban blocks, wanting room for sheds, gardens, or animals while remaining within a reasonable commute to Ballarat. The surrounding stock mix of newer builds and established rural homes suggests a stable, land-rich environment where detached housing dominates and privacy is a given. For a buyer prioritising land value and lifestyle over immediate urban convenience, this represents a compelling opportunity.
Value may be shaped by the bushfire overlay present across parts of the locality, which could affect insurance costs and building requirements. The absence of confirmed details on dwelling condition, orientation, or building age means the final price will hinge on what actually sits on the land. Should the site be vacant, its worth leans on clearing, services, and readiness to build; if improved, the house’s layout and presentation become the primary levers. The surrounding semi-rural character supports steady demand from lifestyle buyers, but resale liquidity may be narrower than in urban suburbs, so pricing should reflect that limited buyer pool. Local infrastructure, including schools and township amenities, is adequate rather than exceptional, which may temper aggressive price growth.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Pitfield-Scarsdale Road, Scarsdale VIC 3351
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Scarsdale is a small Ballarat-region township defined by its family-oriented, owner-occupier profile and large-lot regional lifestyle appeal. Demand is driven by couples with children and purchasers, attracted by proximity to Ballarat’s employment and service markets. The unit market has recorded exceptionally strong price growth, while the house market shows a modest sales volume with an extended days-on-market period, indicating a limited but active market with constrained liquidity. Future growth is supported by the area’s family profile and regional connectivity, though risks include sensitivity to interest rates, affordability pressures from rising prices, and uneven supply that can amplify volatility in a small market.
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PropCred Estimated Value
Comparable Sales: 129 Pitfield-Scarsdale Road sold for $550,000; 59 Pitfield-Scarsdale Road sold for $175,000 in Jan 2024 | Property Price Band: $300,000–$400,000 | Value Drivers: Land size, bushfire overlay compliance, site clearing and service readiness
Bedrooms
2
Bathroom
1
Parking
3
Land
1010m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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