42 Almond Street, Caulfield South VIC 3162

42 Almond Street | 518sqm freehold | flood overlay noted | pool and solar | Caulfield South family zone This property presents a rare configuration advantage in a tightly held street: a freestanding house on a 518sqm lot with a swimming pool and solar panels, zoned for both Caulfield Primary and Glen Eira College. The combination of four bedrooms, three bathrooms, and dual car accommodation positions it as a strong family proposition in a suburb where 80% of properties are owner-occupied and auction clearance sits at 68%. The estimated value range of $3.0m to $4.0m, with a current guide of $3.2m to $3.52m, suggests the buyer may secure a discount to the automated valuation if bidding is disciplined. The 2022 sale history and off-market prior listing indicate motivated vendor intent, which can be leveraged in negotiation. The flood overlay is the primary risk: it may increase insurance premiums, restrict certain renovations, and reduce lender appetite for high loan-to-value ratios. A building and pest report is recommended before auction. The pool adds maintenance cost but is a differentiator in this price bracket. The street’s short-hold growth of 28.87% in one year at 2 Almond Street is an outlier and should not be relied upon as a benchmark. The buyer should treat this as a long-term family hold, not a flip, and budget for flood-related compliance costs upfront.