48 Kolora Cres, Mount Eliza VIC 3930
48 Kolora Cres, Mount Eliza VIC 3930
4 beds, 2 baths, 734-781m² | Mount Eliza family pocket | Study nook, courtyard access | Street of 39 homes, stable demand
This property sits in a tightly held Mount Eliza crescent where supply is limited to 39 homes, giving buyers a rare entry into a street with consistent demand from families. The 4-bedroom layout with a dedicated study nook and private courtyard access from one bedroom directly addresses the post-pandemic need for flexible work and private outdoor space, strengthening its appeal to professional couples and families with older children. The lot size, between 734m² and 781m², is sufficient for future extensions or landscaping without being oversized, and the absence of current listings suggests low turnover—a signal of owner satisfaction and limited competition for buyers.
The main risk is the lack of recent sale data for this specific house, which means the buyer must rely on street-wide comparables and the current estimated range to anchor negotiations. The minor address discrepancies across sources (Crescent vs. Court) introduce a small due diligence burden to confirm the exact title and boundaries. However, the suburb’s desirability—proximity to beaches, schools, and villages—provides a strong floor for value retention. For a buyer, this property is best held as a long-term family home, with the option to add value through interior updates or a modest extension, given the land size and street profile.
Detailed Independent Property Report prepared by PropCred Analyst team for 48 Kolora Cres, Mount Eliza VIC 3930
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Mount Eliza is an affluent coastal suburb positioned as a premium family enclave, with demand driven by owner-occupiers seeking larger homes and the coastal lifestyle. Recent price trends for houses show stability, though the market exhibits some variability in sales volume and days on market, indicating a degree of rate sensitivity. Future growth is underpinned by its established desirability and quality schooling, yet high entry prices present a key constraint on affordability and accessibility.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
734m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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