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74 Croydondale Drive, Mooroolbark VIC 3138

$790,000 - $850,000

Search Band Search Visibility Band

$750k - $800k High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 863 m²

Listed: 5 days ago

Overview

This property in Mooroolbark offers a valuable blend of immediate livability and future potential, appealing to first home buyers, developers, and investors alike. Situated on a generous 863 square metre block within striking distance of local amenities, the location provides excellent access to shopping precincts, public transport, schools, and parklands, making daily life convenient and well-connected.

The home’s interior features rich hardwood flooring that enhances its inviting ambiance, coupled with a traditional three-bedroom configuration that provides comfortable living space. The semi-open plan layout creates a functional flow between living and kitchen areas, complemented by dining spaces suited to family living or casual entertaining.

Beyond the current home, the property holds significant upside through potential subdivision or development down the track (subject to council approval). This versatility makes the offering attractive for those looking to customize or expand their investment according to future needs, promising the opportunity to add value within a steadily evolving suburban market.

Outdoors, the kitchen’s inclusion of a dishwasher and the presence of a backyard with a covered outdoor entertaining area underline the property’s balanced blend of comfort and lifestyle, encouraging outdoor dining or relaxation in a private setting.

Overall, this residence is an exceptional choice for buyers seeking a foothold in an established community with flexible living options, be it as a comfortable starter home or a strategic investment with promising development prospects.

Local Market Insights

In Mooroolbark, Quiet Listings observed 29 new houses entering the market over the last 30 days, up from 10 during the previous 30-day period, with an average advertised asking price of $885,517. The property type mix of listed properties is predominantly Houses at 74%, followed by units (10%), and townhouses (10%). The most active agency for houses in the Mooroolbark area is currently Jellis Craig, representing 34% of new listings, followed by Fletcher's Real Estate Wollongong with 24%. 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.