24 Plenty Close Taylors Lakes VIC 3038
24 Plenty Close Taylors Lakes VIC 3038
Period-style custom build | 782sqm with pool and 4-car parking | Family-oriented pocket | 6 days listed
This property presents a rare configuration advantage in Taylors Lakes: a period-style custom residence on a full 782sqm lot with a pool and four-car parking, which is uncommon in the current market. The formal lounge with gas fireplace, dedicated study, and two living areas create a layout suited to families seeking separation of space, while the high ceilings and floorboards add a premium feel that typically commands a price premium in this corridor. For a buyer targeting a long-term family home with strong curb appeal and low competition in the immediate price band, this property is positioned to hold value well against newer builds.
The primary risk is the asking range sitting above the most recent estimated value of $1.377m, suggesting limited recent comparable sales to support the upper end. The 2014 last sale date means no recent price history to anchor negotiations, and the 6-day listing period indicates the seller may still be testing the market. However, the lack of heritage or flood overlays, combined with zoning for sought-after local schools and 5G coverage, provides a solid holding case. The opportunity lies in negotiating toward the lower end of the range, using the estimated value as leverage. Hold this property as a core family residence; its configuration and land size will outperform in a stable market.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Taylors Lakes is a well-established, family-dominated suburb in Melbourne’s northwest growth corridor, characterised by high household incomes. Demand is driven by professionals seeking family housing, supported by steady sales volumes and competitive rental conditions for houses. Recent price trends show modest house growth, while the unit market has softened. Future growth is anchored in its established family appeal and location, though key constraints include high entry prices and sensitivity to economic factors affecting its significant mortgaged cohort.