27 Arabin Street, Keilor VIC 3036

Keilor Village position | 792m² development canvas | 4-bedroom family layout | auction in 5 weeks This property offers a rare combination of a substantial 792m² block in the heart of Keilor Village with a functional four-bedroom house already in place. The configuration provides immediate liveability—separate lounge, dining, family room, and alfresco entertaining—while the land size signals clear development or subdivision potential subject to council approval. It serves best a buyer who values both a walkable village lifestyle and the optionality to renovate, extend, or build anew. The proximity to Keilor Primary School, parks, and freeway access reinforces its appeal for families or investors seeking long-term land value in a tightly held pocket. The primary risk is the auction format with a guide of $1.2M–$1.29M, which may attract developer competition and push the final price above the Domain estimate of $1.22M. The 59% auction clearance rate for Keilor four-bedroom houses suggests selective buyer demand, and the property’s 37-day average days on market indicates a balanced market. The opportunity lies in the 90% local ownership rate—low turnover means limited supply. A buyer should hold this property for land appreciation, using the existing house as a rental or family home while rezoning or development pathways mature.