58 Lillrose Drive, Charlemont VIC 3217

New build in growth corridor | 6% building coverage | no overlays | FTTP & 5G | move-in ready Hamptons style. This property presents a competitively strong offering within the Charlemont growth precinct, defined by its 2024 construction and exceptionally low building footprint on a 420m² block. The 6% coverage ratio is a significant departure from typical local stock, affording substantial open space and future landscaping potential, a rarity for a new, single-level house. Its specification with ducted heating and cooling, three living areas, and high-grade finishes positions it as a premium product within its immediate market, best serving owner-occupiers, particularly young families, seeking a modern, low-maintenance home in a developing community with confirmed school zones and no identified environmental overlays. The primary decision hinges on paying a premium for newness and land ratio in an area still defining its character, where future capital growth is directly tied to the pace and quality of the estate’s maturation. Recent comparable sales on the same street provide a critical valuation anchor, demonstrating the price sensitivity to land size and configuration. The commercial logic is to acquire a property with a demonstrable point of difference in its land use, but to hold with a medium-term horizon to realise gains as infrastructure solidifies and construction activity subsides. Proceed with an offer calibrated against recent sales, acknowledging the price reflects its new condition and superior block utility. Recent sales on Lillrose Drive provide a clear benchmark: 19 Lillrose Drive (476m², 4/2/2) sold for $765,000, while 28 Lillrose Drive (323m², 3/2/2) sold for $630,000. This establishes a direct value inference for your consideration: the subject property’s asking range must be justified by its newer build year, higher specification, and its unique low-density footprint compared to these settled comparables, with its premium needing to be weighed against the immediate establishment of the neighbouring 19 Lillrose Drive sale price.