61 Simpsons Road, Eaglehawk VIC 3556
61 Simpsons Road, Eaglehawk VIC 3556
4 bed | 3 bath | large block | Eaglehawk | low $800k | consensus data
This property presents a rare configuration in the Eaglehawk market: a four-bedroom, three-bathroom home on a substantial block, with the most consistent data pointing to a low $800,000 value. For a buyer seeking a larger family home with flexibility for extended living or future subdivision potential, the land size alone provides a competitive edge over typical offerings in the area. The recent sale history at $675,000 in late 2021 offers a clear appreciation benchmark, and the property is best suited to families or investors targeting long-term capital growth.
The primary risk lies in data discrepancies across sourcesโsome listings show three bedrooms or two bathrooms, which may indicate a past renovation or inconsistent agent records. A physical inspection is essential to confirm the true layout. The opportunity is the large block, which may allow for subdivision or a granny flat, subject to council approval. FTTP connectivity adds a supporting value for remote workers. Buyers should verify zoning and any heritage overlays before committing.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 61 Simpsons Road, Eaglehawk VIC 3556
Market Insight:
This established suburb, characterised by high owner-occupancy and mature demographics, is experiencing robust demand from downsizers and investors. This is fuelling strong capital growth, particularly in the unit segment, with a consistently tight sales market for houses. Future performance will be linked to its appeal to this dominant demographic, though its established nature may present supply constraints.