36 Driscolls Road, Kealba VIC 3021
36 Driscolls Road, Kealba VIC 3021
Owner-built on a generous block | tightly held pocket | three-bedroom layout | secure brick-fenced frontage
This propertyโs primary buying case rests on its owner-built quality and the rarity of a 614โ615mยฒ block in a tightly held pocket of Kealba. The secure brick fence and private frontage offer a level of seclusion and street presence that is uncommon for this price band, while the generous allotment provides expansion or landscaping potential that most nearby listings lack. It is best suited to a buyer seeking a solid, low-maintenance house with room to add value through internal updates or a rear extension, rather than a turnkey finish. The three-bedroom, two-bathroom configuration is functional for a family or downsizer, and the single car space is a limitation but not a dealbreaker given the driveway capacity.
The principal risk is the lack of recent comparable sales data for Kealba, which makes the $690,000โ$750,000 guide feel wide and untestedโbuyers should verify against settled sales in nearby St Albans or Sunshine West. The 2019 purchase price of $632,000 implies modest capital growth over five years, so expectations of strong short-term appreciation should be tempered. However, the owner-built construction and generous block create a low-carry-cost holding position if the buyer intends to renovate gradually or hold for the medium term. Use this property as a base to improve and hold, not flip.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Kealba offers an affordable entry point to Melbourne’s northwest, characterised by its quiet, low-density residential streets. Demand is driven by buyers seeking value, evidenced by strong auction clearance rates and a notable annual price appreciation for houses. The market is active with competitive days on market, particularly for larger homes, though overall sales volume has softened. Future growth is supported by its relative affordability and proximity to the city, yet this trajectory is tempered by a constrained supply of new listings.