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Location

Market Insights for Broadmeadows VIC 3047

New Listings (last 30 days)

Average price

$624,188

Lowest price

$480,000

Highest price

$750,000

71 Lahinch Street, Broadmeadows VIC 3047

$670,000 -$730,000 | Collecting Offers!!!!

Search Band

$670k - $704k Transparent Based on an openly advertised listing price.

House 2 beds 1 bath 2 cars 713 m²

Listed: 31 days ago

Updated: 2 days ago

Overview

Situated on a generously sized land parcel of approximately 713 square metres, this property at 71 Lahinch Street presents a unique blend of immediate livability and significant future potential. The existing home is practical and functional, offering a comfortable base with two bedrooms, a dedicated dining area, separate living spaces, and a kitchen suited for daily needs. Two bathrooms, including one with a bathtub, cater to convenience and family comfort, while an additional storage room offers the flexibility to be transformed into a third bedroom, enhancing the property's adaptability.

This residence is particularly attractive for renovators, investors, or those looking for a holding property. It provides an opportunity for rental income while plans are made for longer-term development strategies. The real highlight of this offering, however, is the land itself. The sizeable allotment sparks many development possibilities subject to council approval, from subdivision into multiple modern townhouses to the construction of a bespoke dream home.

For those keen on capitalizing on land value while maintaining a comfortable lifestyle, this property balances both aspects adeptly. It's suited to buyers interested in renovation projects, investors seeking secure income with development upside, or developers exploring potential townhouse schemes. The flexibility and scope of the site make it a rare find in Broadmeadows, promising both immediate use and attractive future prospects.

Local Market Insights

In Broadmeadows, Quiet Listings observed 16 new houses entering the market over the last 30 days, down from 19 during the previous 30-day period, with an average advertised asking price of $624,188. The property type mix of listed properties is predominantly Houses at 52%, followed by townhouses (29%), and units (19%). The most active agency for houses in the Broadmeadows area is currently Ray White, representing 25% of new listings, followed by First National with 19%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.