91 View Street Glenroy VIC 3046

6-bed family house | self-contained bungalow | 664m² lot | future development potential | Glenroy North This property presents a rare configuration for the suburb, combining a substantial six-bedroom main house with a self-contained two-bedroom bungalow on a generous 664m² block. This offers immediate flexibility for extended families or rental income, and positions it strongly for future subdivision or redevelopment, subject to council approval. It serves families, investors, and developers seeking a footprint larger than the typical Glenroy stock. The primary risk is the premium for its size and potential, as the price sits at the upper end of current value estimates. The commercial logic is in the secondary dwelling’s existing income stream and the land bank value. Acquire as a long-term hold to utilise its accommodation or to capitalise on the land’s future potential. Our analysis provides the real market valuation, checks for planning overlays, and locality risks to secure this strategic position. Recent sales data indicates a Glenroy median house price of $869,000. This property’s quoted range aligns with the median, but its larger land size and dual-living configuration command a price towards the higher end of its own valuation spectrum, justifying a premium over standard three-to-four bedroom houses in the area.