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Overview
This substantial Fawkner property offers a significant land holding of approximately 641 square metres, presenting a rare opportunity for buyers with a keen eye for potential and development. While the existing three-bedroom home and associated structures are in need of considerable renovation, they provide a solid foundation for those seeking a transformative project that could rejuvenate the dwelling's character and livability.
The home's central layout features a formal lounge, kitchen, and bathroom, creating the basic framework for renovation or redevelopment. For renovators, the property encourages substantial upgrades and modifications that could tailor the residence to contemporary tastes and modern functionality.
Developers and builders will find the generous land size particularly appealing, with scope—subject to council approval—for new directions such as multi-unit developments, allowing for multiple dwellings on the site. Alternatively, those aspiring to design a new, bespoke family home can capitalize on the spacious allotment to build a property perfectly aligned with their lifestyle and preferences.
Beyond the property's immediate features, the location introduces additional benefits. Access to the Merri Creek Trail offers serene natural trails for walking and cycling enthusiasts, while nearby Parker Reserve and Charles Mutton Reserve provide ample sporting and recreational opportunities.
Families will appreciate the close proximity to educational facilities such as St Marks Catholic School and Fawkner Primary School, adding to the community-friendly nature of this locale.
Whether envisaging redevelopment or the creation of a custom-built dream home, this property’s combination of land size, positioning, and potential make it a compelling prospect for a variety of buyer profiles.
Local Market Insights
In Fawkner, Quiet Listings observed 8 new houses entering the market over the last 30 days, unchanged from 8 in the prior period, with an average advertised asking price of $777,500. The property type mix of listed properties is predominantly Houses at 57%, followed by townhouses (21%), and apartments (21%). The most active agency for houses in the Fawkner area is currently Ray White, representing 50% of new listings, followed by Stockdale & Leggo with 13%. 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 Fawkner VIC 3060
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