50 Central Road, Clifton Springs VIC 3222
50 Central Road, Clifton Springs VIC 3222
3 bed, 1 bath, 1 car detached house | Modern interiors with covered alfresco | Low-maintenance yard with shed | Coastal suburb convenience | More modest than nearby family homes
This property offers a genuinely practical footprint for its segment. The three-bedroom, single-bathroom, single-car configuration is straightforward and honest, and the modernised interior with split-system comfort and a well-appointed kitchen gives it a move-in-ready quality that many older coastal houses lack. The covered alfresco and low-maintenance yard are strong lifestyle features, particularly for buyers who want outdoor space without the upkeep burden. It is best suited to first-home buyers, young couples, or downsizers who prioritise convenience and presentation over sheer size. Being on the main residential corridor of Clifton Springs, it benefits from proximity to schools, shops, public transport, and the foreshore, which keeps demand steady across buyer types.
The property’s value may be shaped by its more modest bathroom and car accommodation compared to larger family homes nearby, which could limit its appeal to growing households. The absence of confirmed land size and internal area means buyers should weigh how the yard and floorplan actually feel in person. The low-maintenance positioning and modern presentation may support a price premium over unrenovated stock, but the single bathroom and single car space might cap how much that premium extends. Buyers should also consider the active residential development on the same corridor, which could influence future supply and neighbourhood character.
|| Comparable Sales: 5 Central Road sold for $690,000; 3 Central Road sold for $675,000 | Property Price Band: $600,000–$700,000 | Value Drivers: Modern condition, low-maintenance yard, coastal location convenience
Detailed Independent Property Report prepared by PropCred Analyst team for 50 Central Road, Clifton Springs VIC 3222
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Clifton Springs, a residential suburb fronting Port Phillip, is driven by older professional childless couples; 80.1% of homes are owner-occupied. Demand is steady, with houses selling in 34–42 days and annual sales near 184. Median house prices span $660,000–$712,000, with quarterly growth of 1.9% but mixed 12-month figures from -2.2% to +4.9%. Five-year growth is stronger: houses up 33.3%, units up 44.6%. Rental yields are modest at 3.7–4.1% for houses. Future growth is supported by tight rental supply—just nine properties available—and firm owner-occupier demand. Constraints include affordability stress given moderate incomes relative to prices, and an ageing demographic that may narrow the future buyer pool.
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PropCred Estimated Value
Comparable Sales: 5 Central Road sold for $690,000; 3 Central Road sold for $675,000 | Property Price Band: $600,000–$700,000 | Value Drivers: Modern condition, low-maintenance yard, coastal location convenience
Bedrooms
3
Bathroom
1
Parking
1
Land
600m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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