3 Ashley Close, Narre Warren VIC 3805
3 Ashley Close, Narre Warren VIC 3805
Quiet cul-de-sac | four-bedroom plus study | pool and rumpus room | tradie or home-business ready
This propertyโs competitive edge lies in its rare combination of a large 845mยฒ block with a dedicated rumpus room, study, and five-car parkingโfeatures that are increasingly scarce in established Narre Warren. The above-ground pool and deck extend the living space without adding land tax burden, and the 29-year average owner tenure on the street signals low turnover risk and stable neighbourhood demand. Best suited to a buyer who needs internal separation for work or a home business, or a family wanting room to grow without moving again soon.
The main risk is the above-ground pool, which adds maintenance cost but not the same resale premium as an in-ground installation. The propertyโs valuation range of roughly $880,000โ$950,000 sits below the current asking, so a buyer should anchor offers at the lower end and avoid overpaying for the sellerโs aspirational price. On the opportunity side, the garage and open parking make this viable for a tradie or consultant who stores equipment, and the NBN FTTP connection supports reliable remote work. Hold this property as a long-term family home or rent it out at $640โ$800 per week once the market softens.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Narre Warren is a well-established and growing family hub southeast of Melbourne, anchored by major retail and leisure amenities. Demand is driven by families and professionals seeking value and lifestyle, supported by excellent schools and strong transport links. The market demonstrates robust price growth, with houses transacting swiftly, indicating sustained buyer competition. Future prospects are underpinned by its role as a key commercial centre, though its popularity may test affordability as development continues.