30 Jarrah Drive, Alfredton VIC 3350
30 Jarrah Drive, Alfredton VIC 3350
North-facing living | 2010 build | double lock-up garage | family-oriented Alfredton pocket | long-term owner care
This house carries a genuinely useful orientation advantage, with main living areas facing north for better winter light and passive solar warmth, a feature not guaranteed across volume-built stock in this growth corridor. The 2010 construction places it comfortably within the modern family-house segment, newer than much of Ballarat’s older inner-suburb housing yet established enough to offer settled streetscape and mature gardens. The secure double garage and bright neutral interior suggest a home that has been looked after rather than merely occupied, which tends to translate into fewer immediate maintenance demands for a buyer. It suits a young or established family wanting a move-in-ready house near schools, parks, and the Lucas Shopping Centre, or an investor seeking long-stay family tenants given the suburb’s consistent rental demand.
The property’s value may be shaped by how its internal configuration and land size compare with other family houses in the immediate area, as those details are not yet confirmed. The long ownership tenure might indicate pride of ownership, but it could also mean some systems or finishes reflect 2010 standards rather than current expectations. Nearby development activity in the Alfredton growth area may continue to influence streetscape character and supply levels, which could affect how this house positions against newer house-and-land product. Buyers should weigh the benefit of an established, well-maintained home against the possibility that a brand-new build elsewhere might offer more modern specification for a similar outlay.
|| Comparable Sales: 88 Alfredton Drive leased at $540/week; 12 Jarrah Drive estimated value $713,000 | Property Price Band: $700,000–$800,000 | Value Drivers: north-facing orientation, long-term maintenance, modern build age
Detailed Independent Property Report prepared by PropCred Analyst team for 30 Jarrah Drive, Alfredton VIC 3350
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Alfredton, near Ballarat in regional Victoria, is a family-oriented market underpinned by high household incomes. Sales of 3-5 bedroom houses dominate, with 375-391 houses sold annually. Median house price is $625,000, with annual growth of 2.5-4.4% and quarterly growth of 1.63%; houses sell in 38-42 days. Units are thinner: only 22 sales, median $360,000-$432,500, but yields are higher at 4.7-5.1% versus houses’ 3.7-3.8%. Median rents are $470 (houses) and $380 (units). Demand drivers include stable rental income and high turnover; constraints include vehicle-dependent transport and limited unit supply. Future growth relies on maintained affordability and steady rental demand.
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PropCred Estimated Value
Comparable Sales: 88 Alfredton Drive leased at $540/week; 12 Jarrah Drive estimated value $713,000 | Property Price Band: $700,000–$800,000 | Value Drivers: north-facing orientation, long-term maintenance, modern build age
Bedrooms
4
Bathroom
2
Parking
2
Land
755m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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