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Overview
Set on a generous 616 square meter block with an appealing 19-meter frontage, this classic brick home offers significant potential for investors, families or developers. Positioned directly opposite Duncan Mackinnon Reserve, the property combines attractive green parkland views with convenient suburban living in a prized school zone.
This residence's traditional layout of three bedrooms and two bathrooms sets the stage for a stylish renovation or redevelopment to capitalise on its premium location within the sought-after McKinnon Secondary College catchment. Its original charm and solid construction are clear advantages for anyone looking to inject contemporary style and functionality.
The home’s spacious grounds provide room to create seamless indoor-outdoor living spaces or to build a new family dream home. With a secure porch and a classic lounge featuring a gas heater, the property offers comfort and warmth for year-round living. The kitchen’s proximity to the meals area and outdoors lends itself to easy entertaining and family interactions.
Car accommodation is ample with three parking spaces, supporting larger families or those who require space for vehicles and storage. A central bathroom and laundry enhance practical daily living. The large backyard opens onto the reserve, inviting a relaxed lifestyle and fostering community connection.
Overall, this property will attract purchasers seeking a blank canvas in a well-established suburb, with lifestyle benefits including proximity to local schools, parks, shopping precincts and public transport. It is ideally suited for buyers aiming to emphasise parkside living while investing in a location with strong future growth potential.
Local Market Insights
In Murrumbeena, Quiet Listings observed 13 new houses entering the market over the last 30 days, up from 6 during the previous 30-day period, with an average advertised asking price of $1,553,462. The property type mix of listed properties is predominantly Houses at 35%, followed by apartments (33%), and units (18%). The most active agency for houses in the Murrumbeena area is currently Woodards Real Estate, representing 31% of new listings, followed by Jellis Craig with 31%. 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 Murrumbeena VIC 3163
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