48 Urban Drive, Williams Landing VIC 3027

spacious modern design | renovated Wyndham Waters house | well above median price point | large land holding The property presents an interesting proposition for a buyer seeking a fully renovated, architecturally distinct home in a family-oriented precinct. Its 192-square-metre floorplan with multiple living zones and balcony frontage is a rarity at this configuration, offering genuine separation and outdoor amenity that most comparables lack. The 1.39-hectare land size is exceptional for the area and positions this house differently from standard infill, though the value of such scale depends entirely on zoning and subdivision potential. This suits a buyer prioritising space and immediate move-in quality over a pure median-priced entry. The most significant risk is the disconnect between the price guide and the suburb’s median for four-bedroom houses, which sits at $880,000. This property sits well above that, and with only 98 similar homes sold this year and a 59% clearance rate, buyer depth at this level is thin. The land size is an opportunity if further development is permissible, but without confirmation, it may simply mean higher maintenance. The 60% owner-occupied street profile is a positive signal for future capital stability, but the asking range demands strong justification beyond renovation and façade appeal.