50 Riverview Drive, Hopetoun Park VIC 3340

50 Riverview Drive, Hopetoun Park VIC 3340
Rare 6-bed house on 1.4ha in Hopetoun Park|Expansive parking for 10 vehicles|Multi-bath setup suits large households|Landscale sets it apart locally. This six-bedroom house on a 1.4 hectare block suits extended families or multigenerational living seeking substantial rural-residential space. The generous land size delivers versatile options for practical living, from home-based enterprises to private recreation areas uncommon on standard suburban blocks. In its immediate street context, the property stands out for its scale, likely anchoring the block amid more typical housing. Buyers drawn to such offerings often include growing families needing room to expand or professionals valuing separation from denser urban zones. Similar large-lot houses in the local market hold steady appeal, trading less frequently but retaining value through scarcity of equivalent acreage. The 1.4ha footprint supports long-term flexibility, whether for additions or simply enduring land appreciation in a growth corridor. Its positioning enhances holding potential as Hopetoun Park evolves,prioritising space over proximity-driven turnover. Overall, this setup positions it as a low-velocity asset for patient owners.

Market Insight:

Hopetoun Park offers semi-rural living on Melbourne’s north-west fringe attracting buyers seeking larger properties near the Macedon Ranges. Housing demand is driven by families seeking lifestyle properties within commuting distance of the city. Property prices reflect larger land sizes and limited housing supply. The suburb’s rural character remains its primary appeal.

PropCred Estimated Value

Bedrooms

6

Bathroom

6

Parking

10

Land

1.4ha

Built

Recent Assessments