5 Sagittarii Road, Kalkallo VIC 3064

4-bed near-identical resale | new-build street | auction listing | no recent sales | school catchments noted This property presents a competitively strong entry into a tightly held, owner-occupied precinct of near-identical modern houses, where its four-bedroom configuration aligns with the most recent and premium sales on the street. The identical build to a recently listed neighbour provides a rare, direct comparable, reducing valuation uncertainty in a market where new stock is limited and the last transaction occurred over a year ago. It serves a buyer seeking established infrastructure in a young area without construction risk, positioned within the median price band for the suburb, making it a logical move for a growing family capitalising on nearby school options. Proceed through the auction mechanism understanding that the absence of recent sales data injects pricing risk, potentially costing the buyer a premium through competitive bidding in a supply-constrained micro-market. The opportunity lies in securing a turnkey house in a settled street before broader market recognition of the plateau in new land supply; however, the commercial logic requires an offer anchored to the depreciated value of 2022-2023 builds, not aspirational listing prices. Acquire this property as a long-term hold, as its value will be eroded by newer stock further from the urban fringe, but stabilised by the street’s established character and full occupancy. Recent sales on Sagittarii Road establish a clear value corridor: – 12 Sagittarii Rd: $870,000 (Oct 2023, 4 bed, 3 bath) – 16 Sagittarii Rd: $675,000 (Apr 2023, 3 bed) – 19 Sagittarii Rd: $660,000 (Feb 2023, 4 bed) – 6 Sagittarii Rd: $650,000 (Aug 2022, 4 bed) – 9 Sagittarii Rd: $650,000 (Apr 2022, 4 bed) – 17 Sagittarii Rd: $634,900 (Feb 2022, 3 bed) – 21 Sagittarii Rd: $634,900 (Jan 2022, 4 bed) – 7 Sagittarii Rd: $584,900 (Aug 2021, 4 bed) This history places the subject property’s probable value between $660,000 and $675,000, acknowledging that the superior sale at $870,000 is an outlier with an additional bathroom. Any bid beyond the upper band of recent four-bedroom sales pays for market momentum, not intrinsic worth.