5 Felgate Parade, Vermont South VIC 3133

5 Felgate Parade, Vermont South VIC 3133
3 bed house on 725mยฒ | renovated with cathedral ceiling | family zone in Vermont South | strong school catchment | elevated block This property is competitively positioned as a renovated family house on a generous 725mยฒ lot in a sought-after pocket of Vermont South, where larger blocks are increasingly uncommon. The elevated setting and cathedral ceiling with exposed timber beams give it a distinctive character that standard suburban stock often lacks, and the zoning for Livingstone Primary School and Vermont Secondary College adds a practical advantage for families. The combination of three bedrooms, two bathrooms, and two car spaces on this land size serves owner-occupier families best, particularly those seeking a move-in ready home with room to grow or add value over time. The value of this property may be influenced by the fact that its building age is not specified, which could mean older construction beneath the renovation, and the absence of formal aspect data means orientation-related light or temperature advantages cannot be confirmed. The large landholding might offer future subdivision potential, but this would depend on council planning controls that are not detailed in available information. A buyer should weigh the quality and depth of the renovation against the price, as dated mechanical systems or insulation could require attention that is not immediately visible.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 5 Felgate Parade, Vermont South VIC 3133
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Market Insight:

Vermont South is a firmly established, family-oriented suburb with high owner-occupancy, appealing to professionals seeking stability. Demand is driven by this demographic, supported by consistent rental activity. Recent price trends for houses show modest stability, while the unit market exhibits greater volatility with softer conditions. Future growth is underpinned by strong underlying sales volumes, though risks include a notable cooling in unit demand and extended selling periods for that segment.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

725mยฒ

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