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48 Medway Road, Craigieburn, Vic 3064-Image

48 Medway Road, Craigieburn, Vic 3064

$660,000

House

Type

Bedrooms

Bathrooms

Parkings

654 m²

Area

Last updated on Monday, July 06, 2026 ( See property details for 48 Medway Road, Craigieburn, Vic 3064)

$660,000

View the agent price guide.

Damien Caputo - Real Estate Agent - Real Estate City - Craigieburn

Damien Caputo Licensed Estate Agent

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile family home on a large block in a prime Craigieburn location, offering excellent future development potential and immediate rental income.

🏡 Property Highlights

Prime location on Craigieburn’s sought-after Medway Road
Substantial 654sqm allotment with future subdivision potential (STCA)
Well-sized 3-bedroom home with ensuite and walk-in robe in the master
Dual living arrangement with separate dining and functional kitchen
Ample off-street parking with long driveway for future development
Currently tenanted with flexible lease, providing immediate rental income

✨ Key Features

Ensuite
Open-Plan Living
Waterfront / Views
Outdoor Area
Built-in Robes
Garage / Secure Parking
External Storage (Shed/Linen)
Pet-Friendly
Security Screens / Gates
NBN / High-Speed Ready

Suburb and Property Insights of Craigieburn, VIC 3064

Craigieburn is a vibrant suburb known for its family-friendly environment, excellent schools, and convenient access to major shopping centres like Craigieburn Central. The area boasts extensive parklands, public transport options including train stations and bus routes, and a strong community feel. Its ongoing growth and development make it an ideal location for both homeowners and investors seeking long-term value.

Frequently Asked Questions

What is the current condition of the property?

The property is well-maintained and move-in ready, with modern amenities and a functional layout suitable for families.

Is there scope for future development or subdivision?

Yes, the large 654sqm allotment offers exciting potential for subdivision (STCA), making it an attractive option for investors and developers.

What are the nearby amenities and services?

The property is close to quality schools, major shopping centres including Craigieburn Central, Craigieburn Train Station, medical centres, parklands, and public transport routes.

Is the property currently tenanted?

Yes, it is currently rented on a month-to-month basis, with tenants willing to stay for at least 12 months, providing immediate rental income.

Are there any restrictions or planning considerations for future development?

Development is subject to council approval (STCA), and prospective buyers should conduct their own due diligence regarding zoning and planning regulations.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance requirements not disclosed? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any existing easements, covenants, or zoning restrictions that could impact future development? Is there any ongoing or planned construction nearby that could affect the property’s value or livability? Are there strata or body corporate fees applicable if any shared amenities are involved? What are the council rates and potential development levies? Are there any known issues with the property's foundation, plumbing, or electrical systems? Is the property compliant with all building codes and regulations? What are the terms of the current tenancy agreement, and are there any restrictions on future use? Are there any neighbourhood or community restrictions that could impact property modifications or usage?

48 Medway Road, Craigieburn, Vic 3064 - More Details

$660,000

Positioned in one of Craigieburn’s most convenient locations, this residence presents an outstanding opportunity for homeowners, investors and developers alike. Set on a substantial allotment of approximately 654sqm, this property highlights the true value of land, location and future potential, with exciting scope for subdivision (STCA) in a highly sought-after street.

The home itself offers comfortable living with three well-sized bedrooms, the master including an ensuite and walk-in robe, along with a central bathroom servicing the remaining rooms. Further enhancing the generous floor plan is a dual living arrangement, separate dining space and a well-appointed kitchen, providing immediate functionality for families.

A long driveway adds to the appeal, offering ample off-street parking and easy access, while also enhancing the block’s suitability for future development considerations.

Currently tenanted on a month-to-month basis, the property delivers instant rental income, with occupants happy to remain for a further 12 months or more, making it an ideal set-and-forget investment while you plan your next move.

The location is where this property truly shines. Medway Road is widely regarded as one of Craigieburn’s premier addresses, placing you within close proximity to quality schools, major shopping centres including Craigieburn Central, Craigieburn Train Station, bus routes, medical centres, parklands and essential amenities. This is a position that continues to grow in demand, ensuring long-term value and strong future prospects.

Whether you’re looking to develop or simply secure a prime piece of real estate in a blue-chip pocket, this is an opportunity not to be missed.

*All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition. Images and photographs used in this listing may have been digitally enhanced or altered for marketing purposes. While every effort has been made to ensure accuracy, prospective purchasers should rely on their own inspections and enquiries.*

Type: House
Bedrooms: 3
Bathrooms: 2
Parkings: 2
Area: 654 m²

Price guide

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48 Medway Road, Craigieburn, Vic 3064

$660,000

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