58 Kewarra Drive, Clifton Springs VIC 3222

58 Kewarra Drive, Clifton Springs VIC 3222
5 bedrooms | 585sqm block | creek frontage | no overlays | solar included This propertyโ€™s real edge is its combination of five bedrooms on a standard suburban block with zero overlay constraints,rare in this price band. The 54% site coverage and 314sqm building footprint signal a house that was designed for space, not compromise, making it viable for a multigenerational household or a family wanting separation between zones. Backing onto the Griggs Creek walking track with established gardens and a wraparound deck with built-in bar gives it a lifestyle dimension that most comparables lack. The 5.76kW solar system and electric gate add low-running-cost appeal. It suits a buyer who values usable indoor-outdoor flow over a manicured frontage and is comfortable with a property that prioritises function over fashion. The main risk is the asking range sitting above the high-confidence estimated value of $821k, meaning a buyer must negotiate from a position of recent market data rather than vendor expectation. The 2019 purchase at $580k shows strong paper growth, but the current rental estimate of $550pw suggests the yield is modest for an investor,this is primarily a home, not a cashflow play. The NBN Fibre to the Node is adequate but not a selling point. Opportunity lies in the flexible pergola area, which could be enclosed for a home office or additional parking. Hold this property as a long-term family home; its layout and location near schools and the bay give it durable demand in the Bellarine corridor.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 58 Kewarra Drive, Clifton Springs VIC 3222
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Market Insight:

Clifton Springs is a mature, owner-occupied coastal community attracting established, professional couples seeking a lifestyle change. This demographic is driving stable demand, supported by strong long-term capital growth, though recent price momentum has softened. Future growth is underpinned by its established character and limited rental supply, yet the market faces headwinds from its sensitivity to economic conditions and a constrained rental pool.
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PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

2

Land

585mยฒ

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