28 Khancoban Cres Wollert VIC 3750

Modern 4-bedroom in Wollert | quiet established pocket | secondary living space included | 51% clearance rate signals buyer caution This property’s strongest competitive edge is its separate secondary living area, a rare configuration in a 4-bedroom house at this price point that gives it functional advantage over nearby listings. The butler’s pantry and timber floorboards further lift it above entry-level finishes, positioning it as a home that suits families seeking both space and quality without paying a premium for a larger land parcel. The low-maintenance backyard and ducted climate control reduce ongoing demands, making it particularly well-suited to owner-occupiers rather than investors, given the 4.1% rental yield sits below the suburb average for similar houses. The key risk is market timing: with a 51% auction clearance rate and 55 average days on market, buyers face limited competition but also slower resale liquidity, meaning any purchase should be negotiated below the median to preserve equity. The 2024 last sale date suggests recent turnover, which may indicate a motivated vendor but also limits capital growth upside in the short term. The property’s location near Edgars Creek Secondary College adds catchment appeal but does not guarantee premium demand. A buyer should hold this property for at least five years to ride out the current soft cycle, using the secondary living space as a differentiator when reselling.