2 Alexander Court, Broadmeadows VIC 3047

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2 Alexander Court, Broadmeadows VIC 3047

Auction $530,000 - $580,000

Search Band Search Visibility Band

$530k - $583k Low Confidence Calculated based on limited search observations.

House 3 Beds 1 Bath 1 Car 617 m²

Listed: yesterday

Overview

This property at 2 Alexander Court in Broadmeadows presents a rare opportunity on an approximately 617sqm land parcel, ideal for buyers willing to undertake a transformative project. Set in a quiet court, the existing home provides a solid foundation with three bedrooms, a formal lounge, central kitchen, and bathroom, alongside a bungalow configured to offer three additional bedrooms—adding notable versatility.

While the property requires significant renovation and restoration, this creates an exciting canvas for a family seeking a rewarding renovation or for developers eyeing potential multi-unit development, subject to council approval. The expansive land offers ample scope to reimagine the space, whether through refurbishment or new construction.

Its location combines peaceful living with convenience, being close to Olsen Shops and Broadmeadows Central Shopping Centre, as well as nearby education facilities such as Meadows Primary School and Hume Central Secondary College. This balance enhances its appeal for families and investors aiming to capitalize on its potential.

Overall, the property rewards vision and creativity, offering the chance to uncover hidden value in a notable landholding within a quiet neighborhood.

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 $659,063. The property type mix of listed properties is predominantly Houses at 50%, followed by townhouses (28%), and units (16%). The most active agency for houses in the Broadmeadows area is currently First National, representing 25% of new listings, followed by Ray White with 25%. 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.