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Overview
Situated on a substantial 966 square metre allotment in a prized area of Pascoe Vale, this property offers notable investment and family living potential. The generous land size stands out as the property's key attribute, providing ample scope for future development or expansion subject to council approval.
The existing residence, featuring four well-sized bedrooms and a flexible floorplan, creates a solid foundation for those wanting comfortable, practical living with room to personalise and enhance the home. Multiple living and dining zones contribute versatility to everyday life and accommodate family needs effectively.
Outdoor space is a significant highlight, with an expansive rear garden ideal for children, pets, or entertaining, supporting an active and engaged outdoor lifestyle. The property also benefits from a sizable rear garage and additional off-street parking, offering convenience for multiple vehicles.
Located close to essential amenities such as schools, parks, shops, cafes, and public transport options, this home offers a strong balance between lifestyle convenience and accessibility. Its proximity to major arterial roads ensures straightforward connections to Melbourne's CBD and surrounding suburbs. This residence will particularly appeal to families and investors looking to capitalize on the land value and location advantages in a well-established community.
Overall, 52 Cumberland Road presents a rare opportunity to acquire a property that combines comfortable living with exciting prospects for redevelopment or renovation within a sought-after Melbourne suburb.
Local Market Insights
In Pascoe Vale, Quiet Listings observed 25 new houses entering the market over the last 30 days, up from 17 during the previous 30-day period, with an average advertised asking price of $1,144,400. The property type mix of listed properties is predominantly Houses at 63%, followed by townhouses (27%), and units (5%). The most active agency for houses in the Pascoe Vale area is currently Jellis Craig, representing 36% of new listings, followed by Nelson Alexander with 32%. 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.
Location
Market Insights for Pascoe Vale VIC 3044
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