53 Malabar Cres, Eltham VIC 3095

53 Malabar Cres, Eltham VIC 3095
4 bed family house | 795sqm block | Eltham green wedge | multiple living zones | master with ensuite and walk-in robe This property presents a strong buying case for families seeking space and lifestyle in a well-regarded suburb. The 795sqm block is a rare find in current listings, and the four generously sized bedrooms with a master suite offering ensuite and walk-in robe provide a configuration that suits growing households. The multiple living areas add functional flexibility, while the five-car accommodation is a practical advantage for those with multiple vehicles or needing workshop space. Positioned in Eltham, known for its bushland setting and good schools, this house appeals to buyers prioritising room to move without sacrificing suburban amenity. The primary risk is the price gap between the Domain estimate of around $1.26 million and the vendor’s indicative range of $1.35 to $1.45 million, which may reflect an ambitious starting point given the property last traded at $970,000 in 2017. Buyers should factor in potential negotiation room, particularly if the market softens. The opportunity lies in securing a larger block in a sought-after pocket, where land value typically holds well over time. Hold this property as a long-term family home, leveraging its space and location for capital growth rather than short-term flipping.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 53 Malabar Cres, Eltham VIC 3095
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Market Insight:

Eltham presents as a stable, established suburb with a highly educated professional demographic, underpinning its appeal. Demand is driven by this resident base seeking family-oriented living, supported by strong educational attainment. Recent price trends show a stable to softening market for houses, while the unit segment demonstrates more resilience with stronger growth. Future performance will hinge on the suburb’s ability to retain its affluent demographic amidst broader economic conditions, with a key constraint being the potential sensitivity of its premium housing stock to interest rate movements.
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PropCred Estimated Value

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