26 Chappell Drive, Wantirna South VIC 3152

26 Chappell Drive, Wantirna South VIC 3152
3 bed, 2 bath, 2 car house | 759 sqm block in Wantirna South | potential for extension or redevelopment | family home in established suburb. The property’s competitive strength lies in its generous 759 sqm land holding, which is increasingly scarce in this established pocket and provides a clear positional advantage for a buyer seeking future flexibility. With a 156 sqm internal area configured as three bedrooms, the house offers immediate family accommodation while the land size supports renovation upside or future extension potential, subject to council approval. This property serves best an owner-occupier looking for a solid family home on a full-size block, or an investor targeting long-term land value growth in a suburb with strong demand from families. The primary risk is the bedroom count discrepancy, with one source indicating four bedrooms, which if incorrect could affect resale expectations and valuation comparisons. The 759 sqm block offers commercial logic for a buyer seeking to add value through renovation or subdivision, though council planning controls must be verified. The opportunity is to secure a property with land scarcity in a well-located family suburb, with the FTTP NBN connection as a supporting value add. Hold this property for medium to long-term capital growth, with renovation as the primary value-add strategy.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 26 Chappell Drive, Wantirna South VIC 3152
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Market Insight:

Wantirna South is a thriving, well-established family suburb positioned as a premier eastern corridor destination, underpinned by significant infrastructure investment and excellent schooling. Demand is driven by families and professionals seeking spacious homes in quiet, sought-after estates like Regency Park, close to amenities. The housing market demonstrates solid growth and competitive auction conditions, while the unit segment faces headwinds. Future growth is supported by ongoing infrastructure upgrades and a tight sales market, though sensitivity to interest rates and a divergence between house and unit performance present key considerations.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

759mยฒ

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