249 Tooronga Road, Glen Iris VIC 3146
249 Tooronga Road, Glen Iris VIC 3146
Located in a highly desirable pocket of Glen Iris, this beautifully presented 4-bed, 2-bath house occupying a substantial 422m² allotment. Designed for comfortable living, the property delivers a brilliant foundation for first-home buyers, young families, or savvy investors. This is an outstanding opportunity to enter a highly competitive market while enjoying excellent proximity to key local services.
Detailed Independent Property Report prepared by PropCred Analyst team for 249 Tooronga Road, Glen Iris VIC 3146
Checks found:
Value Risk
✓
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
!
1
Execution Risk
!
1
Insight: Glen Iris VIC 3146
Positioned strategically within the broader market, Glen Iris stands out due to its strict zoning laws limiting overdevelopment. Demand in this postcode is heavily fueled by Sea-changers, who are particularly motivated by long-term generational holdings. Consequently, while days on market can be longer, capital appreciation for premium sites is stellar.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
422m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst