87 Glenvale Road, Donvale VIC 3111
87 Glenvale Road, Donvale VIC 3111
Renovated family home | 725m² lot | Tasmanian Oak floors | Bushfire overlay noted
This property presents a competitively positioned family home in Donvale, where its fully renovated interior and polished Tasmanian Oak floorboards offer immediate move-in quality rarely found at this price point. The open-plan layout and decked entertaining area create a seamless indoor-outdoor flow that appeals strongly to families seeking low-maintenance living with good backyard space. The 725m² lot, with only 27% site coverage, provides a rare configuration edge for future extension or landscaping, while the zoning for Ringwood Heights Primary and Norwood Secondary College adds long-term buyer demand.
The primary risk is the Bushfire Management Overlay, which may impose additional construction or vegetation management costs for any future development. However, for a buyer planning to occupy the existing house, this overlay is unlikely to affect immediate use. The 6-day market presence and wide valuation range ($950k–$1.25m) suggest potential for negotiation, particularly if the seller is motivated. The reliable NBN and 5G coverage are supporting conveniences, not prime drivers, but reinforce the property’s suitability for remote work.
Detailed Independent Property Report prepared by PropCred Analyst team for 87 Glenvale Road, Donvale VIC 3111
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Donvale is a well-established, low-density suburb offering spacious family homes, attracting professionals and mature families seeking a leafy environment. Recent market conditions show a softening in house prices, while the unit segment has displayed some resilience. The suburb’s appeal is anchored in its generous block sizes and tranquil setting, though its current price sensitivity and slower sales activity indicate a period of market adjustment. Future growth will likely depend on sustained demand from upsizing families and the limited supply of new housing stock in this established area.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
725m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!