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Overview
This unique offering in Aberfeldie presents an exceptional blend of liveability and investment potential, featuring two fully functional single-storey homes on a substantial 705 square metre block with a generous 15-metre frontage. Both homes provide comfortable family living with three bedrooms each, centrally located bathrooms, built-in robes for convenient storage, and private outdoor areas that invite relaxation and privacy.
From an investor's perspective, the dual homes are separately metered and currently generate a combined estimated rental income of around $52,000 annually, making this a practical, income-producing asset. For homeowners, the property holds exciting redevelopment potential, allowing for the creation of a dream residence subject to approvals, situated in a peaceful and well-connected pocket.
The location is highly sought after, nestled close to scenic river trails and renowned local schools including Aberfeldie Primary and Buckley Park College, as well as other notable educational institutions nearby. Lifestyle amenities such as local cafés, parks, sporting facilities, and shopping precincts on Buckley Street are all within easy reach, with larger entertainment and retail hubs like Puckle Street and Highpoint accessible for broader leisure options.
- Two separate three-bedroom homes offering flexibility for multi-generational living or rental opportunities
- Wide frontage and deep block provide scope for future redevelopment or expansion
- Built-in robes and floorboards enhance the practical and aesthetic appeal
- Conveniently located near schools, transport, and lifestyle amenities
This property will especially appeal to discerning investors seeking strong rental yields or families looking for a versatile property with future growth potential in a well-regarded suburb.
Local Market Insights
In Aberfeldie, Quiet Listings observed 17 new houses entering the market over the last 30 days, up from 15 during the previous 30-day period, with an average advertised asking price of $1,889,706. The property type mix of listed properties is predominantly Houses at 45%, followed by apartments (18%), and townhouses (15%). The most active agency for houses in the Aberfeldie area is currently Jellis Craig, representing 47% of new listings, followed by Frank Dowling Real Estate with 12%. 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 Aberfeldie VIC 3040
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