4-6 Landscape Drive, Boronia VIC 3155
4-6 Landscape Drive, Boronia VIC 3155
2-bedroom, 1-bathroom detached house on 1,179 sqm of land with 31 metres of street frontage. Internal area approximately 105 sqm, single storey, built in the 1970s to 1980s. Features high ceilings, open fireplace, split system heating and cooling, built-in robes, and a detached shed. Off-street parking for two cars. Zoned residential with no bushfire, flood, or heritage overlays.
The property’s most distinctive competitive advantage is its land area and frontage, which are substantially larger than typical Boronia residential lots. This configuration opens up multi-unit or side-by-side development potential, subject to council approval, and also allows for a significant retain-and-build opportunity. Located in a quiet low-density residential setting within walking distance of a primary school and close to shops, reserves, and transport, the house serves a niche buyer: developers seeking a viable project site, or a family wanting to renovate and enjoy an exceptionally spacious block. The suburb itself is of moderate prestige, and this property stands out due to its scale rather than dwelling size.
The modest dwelling size and older age may require renovation to meet modern family expectations, which could affect short-term habitation value. Development potential is subject to council approval, so a buyer should weigh the certainty of permitted yield against the premium paid for the land. The suburb’s moderate prestige and lack of elite school catchments might limit buyer pool for a standard family home, but the land-based opportunity may offset this for the right investor.
Detailed Independent Property Report prepared by PropCred Analyst team for 4-6 Landscape Drive, Boronia VIC 3155
Checks found:
Value Risk
✓
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✓
Execution Risk
✓
Market Insight
Boronia is a well-established sub-regional centre with a stable, owner-occupied demographic. Demand is driven by families and supported by strong auction clearance rates, indicating competitive market conditions. Recent price trends show consistent, moderate growth across both houses and units, with properties transacting swiftly. Future growth is underpinned by its role as a local hub, though relative affordability compared to Greater Melbourne presents a key constraint on price escalation.
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
2
Land
1179m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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