3 Hobart Avenue, Berwick VIC 3806
3 Hobart Avenue, Berwick VIC 3806
920m² new build | 4/2/2 family layout | 7-star energy rating |premium turnkey finish | rare large block in Berwick estate
A brand-new residence on a 920m² lot is rarely found in Berwick’s newer estate product, where recent supply has been delivered on considerably smaller blocks. The four-bedroom, two-bathroom configuration is well matched to family buyers, and the premium finish plus 7-star energy rating lifts it above standard speculative builds. The house has been positioned as a turnkey option for those wanting a completed home without the house-and-land timeline, while still securing land area that new subdivisions typically do not offer. Families moving up from smaller houses, or relocating to Berwick’s school and amenity corridor, are best served by this property.
The final sale price may be influenced by how buyers weigh the land size against the surrounding housing mix. Presentation and inclusions are expected to carry significant weight, and the energy rating may be rewarded by efficiency-focused purchasers. Market conditions at the time of sale might also be a factor particularly if demand softens in the family segment.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Hobart Avenue, Berwick VIC 3806
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Berwick VIC 3806 is a family-oriented, predominantly owner-occupied suburb in Melbourne’s south-east, with strong school catchment appeal and a 54.3% family share. Buyers are typically higher-income households; demand is supported by steady annual sales volumes near 850–990 houses and rental yields of 3.5–3.9% for houses. The median house price sits between $805k and $960k, depending on source, with recent annual growth of 3.2–6.1%; houses sell in roughly 21–30 days. Units show similar tightness, with growth of 4.1–6.5%. Future drivers include ongoing Casey region infrastructure and accessibility to major roads and rail to the CBD. Key constraints: affordability pressure at the higher price range, softening sales volumes (down 5.9% for houses and 25.5% for units), and auction clearance rates of 48.9–56.7%, indicating rate sensitivity.
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PropCred Estimated Value
Comparable Sales: 39 Cheviot Avenue (3/1/2 on 729m²) sold in the high $800s | Property Price Band: $800K-$900K | Value Drivers: land size, new-build condition, premium finish
Bedrooms
4
Bathroom
2
Parking
2
Land
904m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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