36 Carapooka Avenue, Clifton Springs VIC 3222
36 Carapooka Avenue, Clifton Springs VIC 3222
Three-car garage | single-bathroom layout | coastal family pocket | detached house | practical suburban appeal
A three-car garage is considered the property’s standout feature, an uncommon allowance for a house of this size and a clear advantage for a household with multiple vehicles or recreational equipment. The dwelling is positioned in a mature coastal pocket where detached houses on conventional allotments are typical, so it fits the local character without pretending to be something more premium. It is best suited to a practical buyer—likely a young family or a downsizer—who values straightforward single-level living and abundant parking over a high-fashion interior.
Some buyer appeal may be limited by the single-bathroom arrangement, especially for families with older children. The property’s age and original finishes might require near-term cosmetic updates, and that potential cost should be weighed when forming a price view. Land size and street presentation are likely to be the dominant value drivers, while any renovation need could soften the upside.
Detailed Independent Property Report prepared by PropCred Analyst team for 36 Carapooka Avenue, Clifton Springs VIC 3222
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Clifton Springs, a residential suburb fronting Port Phillip, is driven by older professional childless couples; 80.1% of homes are owner-occupied. Demand is steady, with houses selling in 34–42 days and annual sales near 184. Median house prices span $660,000–$712,000, with quarterly growth of 1.9% but mixed 12-month figures from -2.2% to +4.9%. Five-year growth is stronger: houses up 33.3%, units up 44.6%. Rental yields are modest at 3.7–4.1% for houses. Future growth is supported by tight rental supply—just nine properties available—and firm owner-occupier demand. Constraints include affordability stress given moderate incomes relative to prices, and an ageing demographic that may narrow the future buyer pool.
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PropCred Estimated Value
Comparable Sales: 34 Carapooka Ave (sold 2022, ~$640k); 3 Achilpa Ave (sold 2022, ~$665k) | Property Price Band: $650k–$750k | Value Drivers: land size, three-car garage, condition
Bedrooms
3
Bathroom
1
Parking
2
Land
585m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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