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9 Vernon Street, Spotswood VIC 3015

$970,000

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$970k - $1.02M Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 1 Bath 3 Cars 501 m²

Listed: 2 days ago

Updated: 6 hours ago

Overview

Situated in a sought-after Spotswood locale, this original triple-fronted house sits on a substantial 501 square metre parcel, presenting a unique canvas for redevelopment or modernisation, subject to council approval (STCA). Its generous land size allows significant flexibility, appealing strongly to buyers keen on creating a bespoke home or exploring development potential.

The property encompasses four bedrooms, providing ample accommodation for families or those desiring extra space for study or hobbies. Complementing this is a single bathroom and generous parking with three available spaces, including a carport and garage, supporting busy households with multiple vehicles.

Beyond the main residence, the site includes basic bungalows, a workshop/shed, and additional outbuildings, adding functional versatility for storage or creative projects. Its proximity to Vernon Street's village precinct and Edwards Reserve offers convenient lifestyle benefits, with easy access to community facilities and green spaces ideal for recreation.

This opportunity aligns well with investors, renovators, or established families who value a premium address and the potential to reshape their living environment. The balance of comfortable existing accommodation alongside substantial development scope makes this property a compelling proposition in a tightly held neighbourhood.

Local Market Insights

In Spotswood, Quiet Listings observed 17 new houses entering the market over the last 30 days, down from 22 during the previous 30-day period, with an average advertised asking price of $1,249,059. The property type mix of listed properties is predominantly Houses at 53%, followed by townhouses (28%), and units (9%). The most active agency for houses in the Spotswood area is currently Jellis Craig, representing 29% of new listings, followed by The Agency with 18%. 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.