26 Beldi Street, Alfredton VIC 3350
26 Beldi Street, Alfredton VIC 3350
4-bed family home | 287m² internal living | 54% site coverage | prime Alfredton school zone | no overlays
This property presents a competitively strong proposition for a family seeking substantial internal space on a manageable block. The 287-square-metre building footprint is significant for a four-bedroom home, creating rare volumetric living areas that are functionally separated yet connected to outdoor spaces. The absence of bushfire or heritage overlays removes development friction and insurance complexity, while the zoning for Alfredton Primary and Ballarat High School anchors it firmly within a high-demand catchment. The configuration, with three living areas and direct indoor-outdoor flow, is precisely tailored for owner-occupiers prioritizing light, space, and functional family living over land banking potential.
The decision hinges on reconciling the substantial price growth since 2020 with current metrics. The property last sold for $205,000 in June 2020, against a current asking range of $675,000$720,000. This rapid appreciation necessitates a disciplined assessment of present value. The estimated $711,000 valuation and $1,278 per square metre rate sit above the suburb median, demanding a premium justified by the home’s scale, condition, and school zoning. For a buyer, the risk mechanism is paying for past growth rather than future potential; the opportunity is securing a turnkey family home in a stable, growing demographic corridor. The commercial logic supports a purchase at or below the lower quartile of the asking range, positioning it as a long-term hold for an occupying family, where the rental yield is secondary to capital stability and livability.
Detailed Independent Property Report prepared by PropCred Analyst team for 26 Beldi Street, Alfredton VIC 3350
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
✓
Insight: Alfredton VIC 3350
Alfredton presents as a stable, family-oriented suburb within regional Victoria, characterised by above-average household incomes and consistent demand for houses. The market is driven by families seeking larger homes, evidenced by strong sales volumes and steady price growth. Recent conditions show solid turnover with houses moving efficiently, while unit supply appears more constrained. Future growth is underpinned by sustained rental demand, though the market’s pace remains measured rather than rapid, indicating a balanced environment.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
528m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst