24 Turnbull Avenue, Oakleigh East VIC 3166

Large family home on 733m² block | No overlays | Zoned for local schools | FTTP NBN ready This property presents a competitively strong offering for a family seeking space and stability in Monash. The 733m² land parcel with a modest 33% building coverage is a rare find, providing immediate utility and long-term subdivision potential, subject to council approval. Its four-bedroom configuration, combined with zoning for established local schools, squarely targets the owner-occupier segment, offering a move-in ready solution with inherent scarcity due to the land size. The absence of bushfire or heritage overlays significantly streamlines the approval process for any future renovation or development. Proceed with the understanding that the valuation spread indicates market uncertainty; the listed range sits below both automated estimates and a nearby comparable sale, suggesting potential vendor motivation or unstated property deficiencies. A buyer must budget for due diligence on the building’s age and condition, which are absent from the data, and reconcile the modest rental yield against holding costs. Acquire this as a long-term family home to capitalise on the land bank, not as a short-term investment. Our detailed report would pressure-test the valuation against true comparable sales, identify locality-specific risks, and provide a checklist for building and insurance assessments. Nearby at 21 Turnbull Avenue, an estimated value of $1,667,000 suggests a stronger market for premium properties on this street. This disparity underscores the need to scrutinise this property’s condition and exact attributes to justify its lower price bracket.