9 Ryrie Court, Montmorency VIC 3094

9 Ryrie Court, Montmorency VIC 3094
Heritage character on a rare 2,185mยฒ block | Architect-renovated with pool and tennis court | Elevated position with 91m ground height | Strong owner-occupied street with 100% ownership The propertyโ€™s primary buying case rests on its unusual combination of scale and scarcity. A 1911 heritage house renovated to modern standards on over a fifth of an acre in a tightly held Montmorency court,this is not common inventory. The 400mยฒ floorplan with five bedrooms, study, and multiple living zones serves families who need room to spread out without sacrificing character. The tennis court and pool add genuine lifestyle utility, and the 18% building coverage leaves substantial land for future landscaping or extension potential. This property positions well against newer builds because the land size and elevation are difficult to replicate in the area. It suits buyers who value established gardens, privacy, and a street where every neighbour is an owner-occupier. The absence of heritage overlay despite the houseโ€™s age is a meaningful opportunity,future renovations or outbuildings may face fewer constraints than expected. The solar panels and ducted heating reduce ongoing holding costs, and the NBN Hybrid Fibre Coaxial supports remote work adequately. The main risk is the listing price sitting above the estimated value range, which suggests patience may be required in negotiation. Building and pest inspections are essential given the 1911 construction date. For a buyer who can hold medium-term, this property offers land bank potential with immediate liveability,use it as a family home first, then consider subdivision or further development when zoning permits.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 9 Ryrie Court, Montmorency VIC 3094
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Market Insight:

Montmorency is a well-established, family-focused suburb in Melbourne’s northeast, prized for its leafy setting and strong transport links. Demand is driven primarily by owner-occupying families and commuting professionals, attracted by quality local schools and a stable community. The housing market demonstrates resilience with steady annual sales, while the unit segment has experienced recent softening. Future growth is supported by consistent family demand, though affordability constraints and modest rental yields present considerations for investors.
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PropCred Estimated Value

Bedrooms

5

Bathroom

3

Parking

3

Land

2185mยฒ

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