25 Burrowye Cres, Keilor VIC 3036
25 Burrowye Cres, Keilor VIC 3036
3-bed 2-bath 2-car house | 651m² lot | School catchment property | Owner-occupied family street | Realistic mid-market bracket
The property is commonly considered a solid family house, with the 651m² lot offering genuine outdoor space without the premium price tag. School catchment for Keilor Views Primary and Keilor Downs Secondary is a strong draw for owner-occupiers. As a 3-bedroom, 2-bathroom configuration, it is well suited to growing families or first-upgraders looking for a practical detached house. The street’s strong owner-occupier profile indicates a stable, low-turnover environment, which is often valued by buyers. The 2-car garage and dual bathrooms are seen as practical advantages for daily living, while the mid-market bracket means it avoids the prestige pricing seen elsewhere.
The condition and presentation of the house may materially affect value, as street examples vary widely from original to luxury renovations. The exact internal layout and aspect might shift buyer interest, particularly the connection between living areas and the backyard. Local planning constraints, such as a possible bushfire overlay, could influence insurance costs or development potential. Market timing may also play a role, as the family-house segment in this area is price-sensitive. Buyers should weigh the potential need for updates against the strong land value and school location.
>>Comparable Sales: 246 Burrowye Cres ($1.43M); a 4-bed street sale ($1.21M) | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, school catchment, internal condition
Detailed Independent Property Report prepared by PropCred Analyst team for 25 Burrowye Cres, Keilor VIC 3036
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Keilor, 18km north-west of Melbourne’s CBD, offers semi-rural charm with direct city access, appealing to established professionals aged 50–59 and high-income households. The median house price is $1.13 million, down 1.7% annually, with a steeper 11.3% quarterly fall reported, pointing to softer conditions. Houses average 68–95 days on market, up 19.3% year-on-year, while sales volume dropped 14.5% to 65–78 transactions over the past year. Gross rental yields are thin at 2.9%, with median weekly rent at $650. Unit turnover doubled from a low base to six sales, but price data is scarce. The low yield and extended selling times imply elevated price sensitivity among buyers.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
651m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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