41 Valley Fair Drive, Narre Warren VIC 3805
41 Valley Fair Drive, Narre Warren VIC 3805
3 bedrooms, 2 bathrooms, single car parking. Land size 726 square metres. Built in 1975. Single level house in an established Narre Warren street.
This is a solidly built 1970s house sitting on a generous lot in a well-established part of Narre Warren. The land size is practical without being oversized, and the single-level layout suits downsizers, young families, or investors looking for a straightforward property with good bones. The three-bedroom two-bathroom configuration is a functional and popular floorplan in this part of Melbourne’s outer east. What makes this house stand out is its position within a street that has strong local demand and a settled neighbourhood character. The 1975 build era often means larger rooms and better separation of living spaces compared to newer stock, which can be a genuine advantage for buyers who value space over modern finishes. This property serves best those who want a liveable home on a decent block without paying a premium for cosmetic updates they don’t need.
The 726 square metre lot is slightly smaller than some neighbouring blocks from the same era, which may influence how the property compares on a price per square metre basis. The single car space is a real constraint for families with multiple vehicles or tradies who need off-street parking. The 1975 construction means the property may require attention to plumbing, electrical, or insulation that a newer home would not. The significant gap between the 2024 sale price and current expectations suggests the market has moved quickly, but it also raises the question of whether the current price fully reflects the property’s age and parking limitation. Buyers should weigh the cost of any necessary upgrades against the convenience of a ready-to-occupy home in a sought-after street.
Detailed Independent Property Report prepared by PropCred Analyst team for 41 Valley Fair Drive, Narre Warren VIC 3805
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Narre Warren is a well-established and growing family hub southeast of Melbourne, anchored by major retail and leisure amenities. Demand is driven by families and professionals seeking value and lifestyle, supported by excellent schools and strong transport links. The market demonstrates robust price growth, with houses transacting swiftly, indicating sustained buyer competition. Future prospects are underpinned by its role as a key commercial centre, though its popularity may test affordability as development continues.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
726m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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