56 River Redgum Boulevard, Donnybrook VIC 3064

56 River Redgum Boulevard, Donnybrook VIC 3064
4 bedrooms | 2 bathrooms | double garage | 263sqm block | Donnybrook location | recent land sale indicates new build This property presents a strong entry point for buyers seeking a modern family home in a growth corridor, with four bedrooms and two bathrooms offering functional space for a household. The double garage adds practical convenience, while the 263sqm land size is efficient for low-maintenance living. The recent land sale at the address confirms the house is newly constructed, which appeals to buyers wanting a turnkey property with minimal immediate upkeep. This house is best suited to first-home buyers or investors targeting rental demand in Donnybrook’s expanding suburb. The primary risk is the small land component, which limits future subdivision or significant capital appreciation tied to land value. However, the new build status mitigates major repair costs, and the current rental yield of $500 per week provides a solid income stream for investors. The property’s position in a developing area offers potential for price growth as infrastructure and amenities mature, though buyers should monitor supply levels in the suburb.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 56 River Redgum Boulevard, Donnybrook VIC 3064
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Market Insight:

Donnybrook offers a semi-rural family lifestyle with convenient road access to the city. Demand is driven by families seeking spacious homes, supported by steady sales activity and rental returns above the metropolitan average. Recent price growth has been minimal, with market conditions characterised by a high volume of listings and sensitivity to interest rates, as reflected in low auction clearance rates. Future demand hinges on its appeal to first-home buyers and families, though growth is constrained by current affordability and significant supply on the market.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

263mยฒ

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