36 Crusoe Road, Kangaroo Flat VIC 3555
36 Crusoe Road, Kangaroo Flat VIC 3555
840m² block for 3-bed | family suburb with tight rentals | land value strong | possible flood/bushfire overlay | standard finishes likely
This property is viewed as a land-first opportunity in a family-oriented pocket. The 840 m² allotment is considered rare for a three-bedroom house, with generous outdoor space being offered and scope for future extension being noted. A standard configuration is typically delivered by established stock in this area. The property is made attractive to both owner-occupiers and investors by strong rental demand. Land size and location are prioritized over modern finishes by the best-fit buyer. A practical entry point is provided by the combination of a modest dwelling and a substantial block.
Value may be influenced by condition and presentation, which are not fully documented. Possible flood or bushfire overlays could be considered as risks affecting insurance and future changes. Internal layout and natural light might be perceived differently by buyers. These factors may be weighed when forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 36 Crusoe Road, Kangaroo Flat VIC 3555
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
Kangaroo Flat, in greater Bendigo, is a stable family and retiree market where detached homes dominate and outright ownership is common. Demand is driven by singles aged 60-plus and higher-income labourers, supported by Calder Highway access, V/Line rail, and local schools. House prices rose 9.74% annually to a $574,500 median, with 262 sales and a 26-day typical listing; units grew faster at 14.3% to $467,500. Gross yields are modest at 4.63% for houses and 5.15% for units. The broader Bendigo region’s $573.5M residential development pipeline and 14.1% rise in sales underpin future growth. However, affordability is stretched against local earnings, unit supply is tightening after a 19.4% sales drop, and a 0.4% house price dip in another dataset signals interest-rate sensitivity.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 44 Crusoe Road (3/2/2, 756m²) sold in 1996 at $108k | Property Price Band: $500k-$600k | Value Drivers: land size, condition, presentation
Bedrooms
3
Bathroom
2
Parking
1
Land
840m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!