36 Caspian Drive, Craigieburn VIC 3064
36 Caspian Drive, Craigieburn VIC 3064
Brand-new four-bedroom family house | two kitchens | raked ceilings and stone finishes | low-maintenance yard | family-oriented growth pocket
The property is finished to a level that distinguishes it from standard new-family housing. High square-set ceilings, raked ceilings in the open-plan area, stone benchtops, 900mm appliances and soft-close cabinetry combine to create a contemporary, move-in-ready interior. The second kitchen in the garage is an unusual feature that may suit multi-generational living, home-based catering, or a dedicated entertaining zone. The low-maintenance rear yard and double garage strengthen everyday practicality. Within Craigieburn, this house sits comfortably in the newer residential segment, where contemporary stock and family amenity are the norm, but the finish package and interior volume give it an edge. The property is best suited to an owner-occupier family seeking a turnkey house with design detail and minimal outdoor upkeep, while the extra kitchen also broadens appeal to investors targeting family-rental demand.
Value might be shaped by how the market weights the second kitchen against a larger yard, as the lot appears compact. The high-quality finishes and brand-new presentation may support a firm price, though similar modern facades in the area might reduce scarcity. The absence of a prestige school catchment could temper upside for some buyers, but local primary and secondary options remain practical. Zoned climate control and an alarm add functional value without transforming the property’s overall position.
Detailed Independent Property Report prepared by PropCred Analyst team for 36 Caspian Drive, Craigieburn VIC 3064
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
URL has been copied successfully!
Market Insight
Craigieburn, in Melbourne’s north-west, is a family-oriented market where low supply and population growth underpin demand. House medians sit around $700k–$715k, up 8–9% annually; units average $460k–$480k, growing 8–12.5%. Sales volume around 1,000 houses yearly, with homes selling in 32–59 days. Rental yields for houses are 4–4.5%, units 4.9–5.2%; weekly rents run $540–$550 and $450–$490 respectively. Future growth hinges on transport infrastructure and population inflows, but very low supply and below-average growth versus Melbourne indicate rate sensitivity. Entry affordability is $700k–$800k.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 29 Caspian Drive sold for $695,000; another new 4-bed home in the street traded around $690,000 | Property Price Band: $700,000–$800,000 | Value Drivers: second kitchen, raked ceilings and finish level, low-maintenance yard
Bedrooms
4
Bathroom
2
Parking
2
Land
262m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!