64 Newbury Boulevard, Craigieburn VIC 3064

Large family block in exclusive pocket | 502m² land size edge | 4-bed plus main suite | Top primary school catchment This property presents a competitively strong offering within its immediate locale, primarily due to its larger 502m² land parcel, a configuration that is increasingly rare against newer, higher-density subdivisions. The four-bedroom layout with a well-appointed main suite positions it for enduring appeal to established families, further solidified by its proximity to well-regarded primary schooling. It serves the family buyer seeking space and permanence in a settled streetscape. The decision hinges on the price premium for land size and the extra bedroom, which must be justified against recent sales. The auction mechanism introduces volatility risk, potentially costing the buyer a significant sum over a rational private treaty outcome. Secure it below a calculated value derived from comparable evidence for a long-term hold, as its rental yield will likely trail its capital growth contribution from land value. Comparable sales indicate a clear value gradient: – 109 Newbury Boulevard (3 bed, 2 bath, 394m²) sold for $720,000 in March. This recent transaction suggests the subject property’s fourth bedroom and substantially larger land should command a material premium, anchoring its value well above the $720,000 benchmark.