8 Banool Avenue, Kilmore VIC 3764

8 Banool Avenue, Kilmore VIC 3764
4 bed 2 bath on 518mΒ²|Renovated family house|No overlays residential zoning|Strong rental appeal $500pw|214mΒ² build 41% coverage. This four-bedroom house on a 518sqm block suits families prioritising low-maintenance living with good school access in a residential setting. The property delivers practical space through its renovated layout, including a master with ensuite and open-plan areas flowing to a deck and easy-care yard, ideal for everyday family use without excess land demands. Sitting on a standard lot in its street, it aligns with similar housing stock in the local area, avoiding risks from overlays while benefiting from NBN fibre and 5G coverage. Families or couples downsizing often target these renovated homes for their balance of size and convenience, especially with double garage parking. In Kilmore’s market, properties like this hold steady rental yields around $500 weekly, reflecting demand from stable tenant pools. Its 41% building coverage leaves room for modest extensions if needed, enhancing flexibility for longer-term owners. Comparable four-bedroom houses here tend to attract quick interest from regional buyers seeking value without large-acreage upkeep. The absence of flood or bushfire risks bolsters its holding value in a growth-oriented suburb. Overall, this setup positions it well for enduring appeal among practical purchasers.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Kilmore is one of VictoriaΒ’s oldest inland towns and has become increasingly popular with buyers seeking affordable housing outside Melbourne. Demand is driven by families and commuters attracted by lower house prices and regional lifestyle appeal. Property values have strengthened as population growth spreads north of the city. Infrastructure upgrades continue to support long-term demand.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

518mΒ²

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat