26 Voumard Street, Oakleigh South VIC 3167

Leafy pocket backing golf course | reno-ready or redevelop | three-car carport | two direct neighbours This property is a rare find in Oakleigh South because its position against the Metropolitan Golf Course eliminates rear neighbours, creating a privacy and tranquillity edge that most houses on standard blocks lack. The 585 sqm lot with three-car undercover parking and a second living room with external access gives a buyer genuine optionality: live in it as-is while planning a renovation, or pursue a knockdown rebuild subject to council approval. The quiet street, proximity to WA Scammell Reserve, and short walk to Huntingdale Road shops mean the location suits families who want village convenience without thoroughfare noise. For a buyer prepared to hold through a renovation cycle, the gap between the indicative range and the suburb median of $1,245,000 suggests immediate equity potential if the property is brought to a modern standard. The main risk is that the retro kitchen and bathroom will require capital outlay soon, and any redevelopment plan carries council approval timelines and design costs that must be factored into the holding budget. The upside is that a well-executed renovation could lift the property into the top quartile of the suburb, and the golf-course backdrop is a feature that commands a premium in resale. The property is best held as a medium-term renovation project or a long-term land bank in a corridor with steady 3.15% annual growth.