2/29 Charles Drive
Pearcedale, 3912 VIC
2020 unit on a 317 m² block.
Property Snapshot
2020Unit3 Bed2 Bath2 Off Street317 m² Land153 m² Internal
Investment Highlights
What makes 2/29 Charles Drive compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
317 m²
Frontage
—
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Rare add-value profile — 2020 unit on a 317 m² block.
Renovate upside — modest 153 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 316m to bus, 5.7km to train station and 6.4km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
2
Parking
2 off-street
Internal Area
153 m²
Ownership & Value
Last Sold$680k
Sold DateJune 2023
Land Value—
RPD2\PS835407
Planning & Site
Property TypeUnknown
AccessSingle Access
Height Limit—
Max Storeys—
New BuildResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Price Estimate
—
Suburb Median
$765k
Unit (3 Beds)
Tenure
3 Years
Since 2023
Capital Gain
—
Since 2023
Suburb Sale Price Median - Unit (3 Beds)
Rental Market
Yield, rental pricing and local leasing landscape.
Suburb Median
$600 Pw
Unit (3 Beds)
Rental Yield
4.1%
Unit (3 Beds)
Vacancy Rate
0.0%
Unit (3 Beds)
Rentals Last 12M
3
Unit (3 Beds)
Suburb Rental Price Median - Unit (3 Beds)
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: No heritage known in this area. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 2/29 Charles Drive.
Train Station
5.7km
Bus Stop
316m
Schools
6.4km
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
0.0%Train Station
5.7kmBus Stop
316mCentre Zone
276mRoad Type
residential (Low Noise)School Catchment
6.4kmPearcedale Snapshot
Broader suburb metrics that support the local story.
Population
3,867
Owner Occupiers
88%
Social Housing
0%
Crime Index
—
Not available
High Owner Occupier Appeal
Explore Pearcedale in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
