26 Progress Road, Eltham North VIC 3095

Corner block opposite parkland | 899m² lot size edge | 4 bed family configuration | Modern stone kitchen | High ceilings with natural light This property presents a competitively strong family offering, defined by its substantial corner allotment directly facing parkland—a rare and permanent amenity that enhances liveability and provides a sense of space. The combination of polished timber floors, high ceilings, and a two-way fireplace within a modern stone kitchen creates a light-filled, flexible floorplan that serves growing families seeking both character and contemporary convenience. Its position on a road with limited current listings suggests consistent demand within this enclave. The primary decision hinges on price discipline against the quoted range. The risk is overpaying for the land premium without concrete recent comparables on similar large lots, as the nearby sale was on a smaller block. The opportunity lies in securing a below-median price for a lot size above suburb typical, locking in long-term capital growth driven by land content. Proceed only within the lower estimate band, targeting a hold period exceeding ten years to realise the land’s value. Our analysis provides the real market valuation framework and locality due diligence to anchor your offer and assess insurance exposures. Recent sale nearby: 218 Progress Road sold for $1,218,888. This was a 4 bed, 2 bath home on a 799m² block. This transaction suggests strong buyer appetite for similar configurations on Progress Road, though the subject property’s larger 899m² lot commands a tangible premium, supporting a value inference toward the upper end of its estimated range.