94 Francis Street, Belmont VIC 3216
94 Francis Street, Belmont VIC 3216
Positioned for family buyers | 659 m² block in established Belmont | catchment for three solid schools | flexible four-bedroom configuration possible
The property’s primary competitive strength is its 659 m² land holding on a well‑serviced residential street, a configuration that has become rarer in this part of Belmont. The school zoning-covering Oberon Primary, Belmont High, and Matthew Flinders Girls Secondary College-directly addresses a core demand driver for owner‑occupier families, and the flexible floorplan (reported as either three or four bedrooms) allows a buyer to market the property to that segment without structural change. The asking range sits near the local three‑bedroom median, which positions the house as a comparatively accessible entry point into a suburb with strong owner‑occupier tenure and steady turnover.
The bedroom discrepancy is the most material risk: if the property is genuinely three bedrooms, its appeal narrows to smaller families or downsizers, and the valuation premium attached to a four‑bedroom house would not apply. A buyer should verify the floorplan during inspection and factor that into any offer. No flood, bushfire, or heritage overlays were identified, so the land carries no latent remediation cost. The reliable NBN and 5G coverage are supporting rather than deciding factors. For a buyer prepared to confirm the bedroom count, the property offers a land‑anchored family house in a school‑catchment corridor with pricing that does not yet reflect the tightening supply of such blocks.
Detailed Independent Property Report prepared by PropCred Analyst team for 94 Francis Street, Belmont VIC 3216
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Belmont presents as a stable, family-oriented suburb with a high rate of owner-occupancy, underpinned by a professional demographic. Demand is driven by these established households, with the unit segment showing notably stronger recent performance. Overall house price growth has been modest, with the market demonstrating steady turnover. Future prospects are supported by consistent sales activity and solid rental demand, though broader affordability pressures and interest rate sensitivity present ongoing constraints to stronger capital growth.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
659m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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