Rental Insights
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Source: stashproperty.com.au
Development Stats
2024
135
253
About the Property
Golden Opportunity on Crusoe
31 CRUSOE ROAD, KANGAROO FLAT
Welcome to 31 Crusoe Road, where modern elegance meets convenience!
This immaculately updated residence boasts three spacious bedrooms and two luxurious bathrooms, offering the epitome of comfort and style. Nestled on a generous 684m2 block, this property features a convenient shed and ample space for outdoor enjoyment.
Situated in the heart of Kangaroo Flat, residents will appreciate the proximity to schools, day-care centres, public transport options, playgrounds, sporting facilities, supermarkets, and the renowned Lansell Square.
The property is perfect for first homebuyers looking for a turn key home with no work to do, or the savvy investor ready to get that ideal perfect return on their investment, or even that downsizer looking for a low maintenance property in a fantastic location.
Whether you’re relaxing in the serene ambiance of your new home or exploring the vibrant community, this property offers an unparalleled lifestyle opportunity for families and discerning buyers alike.
Don’t miss out on the chance to make 31 Crusoe Road your new sanctuary. Schedule a viewing today and experience the perfect blend of modern living and convenience in Kangaroo Flat!
Property features:
Bathrooms: 2
Bedrooms: 3
Car spaces: 2
Land size: 678m²
Type: House
From the realestate.com.au listing
Source: stashproperty.com.au
About the Suburb
Suburb Summary
Kangaroo Flat, VIC 3555, is a suburb with a population of 11,328 residents. The median household income per week is $1,144, with a diverse occupation mix including managers, professionals, technicians and trade workers. The suburb has a good mix of age groups, with significant numbers in the 20-24 and 45-64 age brackets. Most residents commute by motor vehicle, while a considerable percentage works from home. The educational advantage of students in government schools is at the 21.33th percentile.
With a high market absorption rate of 32.4% for houses and 11.1% for units, Kangaroo Flat presents as a suburb with growing demand. The suburb has low vacancy rates, indicating a stable rental market. While the median growth rate has been negative recently, the sale price IQR ratio for both houses and units suggests potential opportunities for renovators or property developers.
Kangaroo Flat offers a diverse demographic profile and a convenient lifestyle with decent access to transportation options. Investors may find opportunities in the suburb due to its high market absorption rates and low vacancy rates, signaling potential for future property price growth. Homeowners looking to settle in Kangaroo Flat can benefit from the stable rental market and the potential for property value appreciation over time.
Sources:
– proptechdata.com.au
– Australian Bureau of Statistics (ABS) Census 2021
– Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Suburb Median
Vacancy Rate
