24 Winterfell Road, Charlemont VIC 3217
24 Winterfell Road, Charlemont VIC 3217
3-bed house with two living areas | 389m² block in growing Geelong suburb | ducted cooling and heating | no overlays detected
The property’s configuration as a 3-bedroom house with two separate living areas and a fully fenced 389m² block positions it well for families seeking functional space in a developing corridor. The absence of bushfire, flood, or heritage overlays removes common due diligence hurdles, while ducted cooling and heating and built-in robes reduce immediate post-settlement expenditure. This house best suits owner-occupiers looking for a turnkey residence in a suburb with established school zoning and strong infrastructure growth, where the 59% building coverage leaves modest but usable outdoor area.
The key risk is the 2016 purchase price of $155,000 compared to current $600k-$800k valuation range, indicating significant local appreciation that may not repeat at the same pace. The February 2025 street-level sale at $590,000, a slight loss from its 2022 purchase, suggests recent price softening in this pocket. However, the NBN Fibre to the Premises and 5G coverage support remote work viability, and the lack of overlay restrictions means future subdivision potential is not precluded. Hold for medium-term family use or capital growth in a corridor with ongoing infrastructure investment.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Winterfell Road, Charlemont VIC 3217
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
This suburb presents a stable, established market for houses, with consistent demand evidenced by brisk sales and relatively short selling periods. Recent price growth has been moderate, supported by solid rental yields that attract investors seeking reliable income. The market is primarily driven by owner-occupiers and investors drawn to its affordability and steady performance. Future growth will hinge on broader economic factors, with the key constraint being its sensitivity to interest rate movements which could temper buyer activity.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
389m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!