25 Lawborough Avenue, Parkdale VIC 3195
25 Lawborough Avenue, Parkdale VIC 3195
Large 843sqm block | 1955 original house | renovation or redevelopment scope | family pocket in Parkdale
This property’s strongest competitive edge is its unusually large 843 square metre allotment within a sought-after family pocket of Parkdale, where standard blocks are typically smaller. The 1955-built single-level house offers a practical layout with separate living and dining areas, timber flooring, and light-filled interiors, but it is the land that drives value. This configuration best suits buyers who want room to renovate, extend, or rebuild over time, rather than a turnkey home. It serves owner-occupiers seeking a long-term project or land-value buyers looking for a substantial site in a bayside location. The detached garage and extensive off-street parking add further utility, while the older home character provides a solid starting point for transformation.
Several factors may materially affect the property’s value and sale price. The original condition and 1955 build age mean that significant renovation or rebuilding costs could be required, which may influence what a buyer is willing to pay. The large block size offers development potential, but local planning controls or zoning constraints might limit what can be achieved, so verification with the council is recommended. The lack of a modern finish or premium interior package means the price will largely reflect land value rather than dwelling quality. Buyers should weigh the cost of bringing the house up to contemporary standards against the potential uplift in value from the generous site.
Detailed Independent Property Report prepared by PropCred Analyst team for 25 Lawborough Avenue, Parkdale VIC 3195
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Parkdale is a tightly held bayside suburb prized for its family-friendly lifestyle and enviable coastal proximity. Demand is driven predominantly by established owner-occupier families seeking a stable, high-amenity environment, supported by strong local schools and transport links. The housing market demonstrates robust growth with limited stock, while the unit segment presents a more varied performance. Future prospects are underpinned by enduring appeal and infrastructure upgrades, though high entry prices and sensitivity to economic conditions present notable constraints for new buyers.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
3
Land
843m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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