39 Edgecomb Street, Keysborough VIC 3173

39 Edgecomb Street, Keysborough VIC 3173
Large 5-bedroom house | 512sqm block in Keysborough | strong school zoning | no overlays or flood risk This property offers a rare configuration for the area with five bedrooms and four bathrooms on a 512sqm block, giving it a clear edge for families needing space and flexibility. The 59% building coverage and 305sqm floorplan suggest a substantial home that can accommodate multi-generational living or high-end rental returns. Zoning for Keysborough Gardens Primary and Keysborough Secondary College adds buyer appeal, and the absence of bushfire, flood, or heritage overlays reduces due diligence risk. The property is best suited to families seeking a large home in a growth corridor with established school catchments. The main risk is the gap between the current listing range and the earlier auction estimate, which may indicate price recalibration or a change in strategyโ€”this requires careful negotiation. The 2013 sale price of $392,000 shows long-term capital growth, but recent market conditions should be tested with comparable sales. Rental income of $680โ€“$830 per week supports a hold strategy if the purchase price is negotiated toward the lower end. Use this property as a long-term family home or a high-yield rental in a stable suburban market.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Keysborough presents as a family-oriented suburb with robust demand, evidenced by strong annual sales volumes and sustained price growth. This demand is primarily driven by owner-occupiers seeking larger homes, supported by solid rental yields that also attract investor interest. The market demonstrates resilience with consistent price appreciation, though recent data indicates a lengthening sales period for houses and a significant slowdown in unit activity, suggesting emerging affordability pressures and a potential shift in buyer sentiment. Future growth is underpinned by sustained rental demand, while key risks include sensitivity to interest rates and a notable cooling in the unit segment.
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PropCred Estimated Value

Bedrooms

5

Bathroom

4

Parking

2

Land

512mยฒ

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