24 The Glen, Donvale VIC 3111
24 The Glen, Donvale VIC 3111
Detached family house | generous land footprint | tree-lined Donvale street | family and school catchment demand | scope to add value
This is a classic Donvale family house, positioned on a generous block in a quiet, tree-lined street. The configuration suits buyers seeking single-level living or room to reconfigure, with the land holding the real value. It competes well against newer townhouses because it offers space and privacy without strata-style constraints. The street itself carries a settled, established character, which supports strong family demand. The best fit is a buyer wanting a long-term home with school access and the option to renovate or extend. The property does not need to be perfect now; it needs to be a sound shell in a good location.
Value may be shaped by the underlying land size and orientation more than internal finish. If the house is original or dated, a buyer might price in renovation costs, while a fresh presentation could command a premium. Planning controls or vegetation overlays may limit extension potential, but they also protect neighbourhood character. The absence of common land or body corporate adds flexibility. The surrounding market conditions appear mixed, so patience is warranted when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 The Glen, Donvale VIC 3111
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
Donvale, 21 km east of the CBD, is a low-density, leafy suburb of spacious homes on generous blocks. Demand is driven by families and outright owners, with a high share of residents aged 60-plus and a professional workforce. House prices have softened, falling 2.3–4% over the past year to a median near $1.6 million; units are steadier, with recent quarterly growth of 22.3% and a median around $840,000–$890,000. Houses take roughly 48–65 days to sell. Future growth rests on the suburb’s established character and tight supply (59 listings last month), but affordability constraints and rate sensitivity remain key risks, evidenced by declining sales volume and price weakness.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 4 Wright Ave, Donvale sold at $1.49M | Property Price Band: $1.4M – $1.5M | Value Drivers: land size, street position, renovation scope
Bedrooms
5
Bathroom
3
Parking
2
Land
1193m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!