43 Centennial Boulevard, Curlewis VIC 3222
43 Centennial Boulevard, Curlewis VIC 3222
Priced high for the area | Sold above $675k in 2021 | Overlooks yield risk at 3.8% | Suburb growth remains moderate | Layout and build quality are good.
The property’s price range of $790k to $850k positions it above its 2021 sale of $675k, reflecting market appreciation, but the suburb’s rental yield of 3.8% and moderate growth limit capital upside. This costs you potential equity stagnation compared to higher-growth corridors. The 277mΒ² building on a 549mΒ² lot gives good space, yet the lack of flood or bushfire risk reduces holding costs. Hold long term for lifestyle use; avoid near-term flipping.
Its competitive strength is the 2014 build with solar and fiber connectivity, rare for a suburb still developing. For a buyer seeking a modern family home near Geelong, this property offers immediate move-in comfort and low maintenance. It best serves owner-occupiers prioritizing space and efficiency over yield.
**Sales data**
April 2021: $675,000, January 2017: $458,000, February 2014: $157,000.
Value inference: The $675k sale in 2021, after rapid recent price gains, suggests the current $790k-$850k range may overstate near-term resale potential.
The property has strong bones for family living, but your buying decision hinges on whether you want stability over yield. Follow up with a local comparable search to anchor your offer against true market depth.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Curlewis presents as a stable residential enclave within Greater Geelong, characterised by steady sales activity. Demand is supported by a significant rental population, indicating investor interest alongside owner-occupiers. Recent price trends show a period of market recalibration, with houses taking a moderate time to sell. Future stability is underpinned by a tight rental vacancy rate, though growth may be tempered by recent increases in available stock.