26 Delfin Cres, Greensborough VIC 3088

26 Delfin Cres, Greensborough VIC 3088
Large block in established crescent | 4-5 bed family home | Top primary school catchment | Auction scheduled mid-April This property presents a strong opportunity for a family seeking space and school access in Greensborough. The land size over 1,100 square metres is a significant and increasingly rare offering, providing ample room for expansion, a pool, or outdoor living. Its configuration, with four or five bedrooms and three bathrooms, suits a large or multi-generational family. The location within the Greensborough Primary School zone is a key driver of demand and long-term value, positioning this house for competitive bidding from education-focused buyers. Proceed with disciplined due diligence. The variance in bedroom count and estimated value indicates a need for a precise building inspection to confirm layout and condition. The auction format in a tight school catchment will test price resilience; establish a firm walk-away price based on recent comparable sales, not the broad estimates provided. The lack of recent sales data for the property itself since 2000 is a material risk, obscuring its true market trajectory. Secure this property if it aligns with a long-term hold strategy for schooling, accepting that the premium is for land and location over the dwelling itself.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Greensborough presents as a stable, family-oriented suburb with a resilient market characterised by brisk sales activity and strong rental demand, particularly for units. Recent price trends show modest growth for houses while unit values have remained steady, reflecting a balanced market with houses transacting quickly. Future demand is underpinned by consistent buyer interest and healthy rental yields, though potential risks include sensitivity to broader economic conditions and some volatility in the unit auction market.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

-

Land

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