30 Henry Street, Keilor East VIC 3033

30 Henry Street, Keilor East VIC 3033
30 Henry Street, Keilor East VIC 3033 is a 1-bedroom, 1-bathroom, 2-car residential property with recorded land size of 588m². The property was listed for sale on 18 June 2026 as a residential property in Keilor East. 4 bed | 2 bath | corner block | dual-dwelling approved | land-rich This property’s primary strength is its approved dual-dwelling potential on a 588 m² corner site, which is rare in Keilor East’s established housing stock. The current configuration of four bedrooms and two bathrooms serves families well, but the true competitive advantage lies in the redevelopment flexibility. This house suits investors or developers seeking land value with immediate rental income, as the “thriving rental” description suggests existing demand. The corner position improves access and light while maintaining a family-friendly setting, making it a versatile option in a suburb where older detached homes are increasingly sought for infill development. The inconsistent bedroom and bathroom records between sources may indicate a recent renovation or incomplete data updates, which could affect perceived value. The approved permits for two dwellings suggest the site’s development potential is already costed into the price, meaning the existing house may be secondary to land value. A buyer should verify permit expiry dates and council conditions, as these could limit flexibility. The 2024 sale price of $940,000 provides a recent transaction anchor, but the current pricing range implies a premium for the development approval. Orientation and internal condition remain unconfirmed, so a physical inspection is essential to assess whether the house is livable as-is or requires immediate capital.
Detailed Independent Property Report prepared  by PropCred Analyst team for 30 Henry Street, Keilor East VIC 3033
Checks found:
Value Risk ! 1
Liquidity Risk 2
Planning Risk ! 1
Income Risk
Execution Risk ! 1
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Market Insight

Keilor East is a well-established, family-oriented suburb offering spacious homes and large parks, appealing to professionals seeking a settled lifestyle. Demand is driven by this demographic, supporting a stable but varied housing market where recent price trends have been mixed, with houses showing modest resilience compared to units. Future growth is anchored in its established appeal and good schools, though the market’s sensitivity to broader economic conditions presents a key consideration for buyers.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

2

Land

588m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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