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1 Tamboon Drive, Greensborough$875,000
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For Salehouse

1 Tamboon Drive

Greensborough, VIC 3088, Australia
$850,000 – $900,000
3 bed 1 bath 4 car786 m²

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About this property

Positioned on a flat 786sqm (approx.) corner allotment in a convenient Greensborough location, this is a property that offers genuine potential for buyers prepared to roll up their sleeves and add value. The existing three-bedroom home presents an exciting opportunity for first-home buyers, tradespeople, investors or renovators looking to create something of their own. Inside, you'll find a practical floorplan featuring a spacious lounge, open family/meals area, kitchen with adjoining study/store room, three bedrooms, an updated central bathroom and the added convenience of a separate powder room. Stepping outside, the possibilities continue. A covered alfresco area and large deck provide the foundations for an excellent outdoor entertaining space, while the expansive, level yard offers plenty of room to enhance, extend or simply enjoy the space on offer. A huge drawcard is undoubtedly the substantial barn-style multi-car garage/workshop. Whether you're a tradie needing secure storage, a car enthusiast looking for workshop space, or someone with trailers, equipment or hobbies requiring room to spread out, this is a rare asset that's increasingly difficult to find. Adding further appeal, an electric front gate provides privacy and secure off-street parking for multiple vehicles, trailers, boats or caravans. Conveniently located adjacent to Oregon Xpress Café and Progress Road Park, and within easy reach of schools, shops, public transport and major amenities, this is a property where the value lies in the land, the infrastructure and the opportunity to unlock its full potential. A home with a good footprint, exceptional workshop facilities and plenty of scope for improvementthis is your chance to reap the rewards of hard work in a sought-after Greensborough location. Features * Flat 786sqm corner allotment (approx.) * Three-bedroom home with excellent renovation potential * Updated bathroom plus separate powder room * Spacious lounge and family/meals areas * Covered alfresco and large decked entertaining area * Huge barn-style multi-car garage/workshop * Electric gate for privacy and secure vehicle storage * Ample off-street parking for cars, trailers, boats or caravans * Adjacent to Oregon Xpress Café and Progress Road Park * Convenient access to schools, shops and transport

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
4
Land Area
786 m²
Listed
2 weeks ago

Repayment calculator

$4,242/month
$2,121 /fortnight
Loan $700,000 at 6.10% over 30 years

Upfront costs

Deposit$175,000
Stamp duty$47,570
Conveyancing (est.)$2,000
Total upfront$224,570
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Greensborough

This 3-bedroom house in Greensborough, VIC 3088 sits within reach of public transport, local shops and nearby schools. It is listed 22% below the $1.13m median of 56 comparable houseswithin 5 km.

Schools near Greensborough

  • Diamond Valley Special Developmental Schoolcombined · U · CoEd
  • Apollo Parkways Primary Schoolprimary · Prep-6 · CoEd
  • Greenhills Primary Schoolprimary · Prep-6 · CoEd
  • Greensborough Primary Schoolprimary · Prep-6 · CoEd
  • Watsonia Heights Primary Schoolprimary · Prep-6 · CoEd
  • Greensborough Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Sherbourne Road (bus)1.9 km away
  • Cycle House2.0 km away
  • Greenhill Road Reserve1.3 km away
  • Briar Valley Reserve1.3 km away
  • Briar Hill Hall Reserve1.4 km away

Greensborough at a glance

Full suburb profile
Population
21,070
Median age
41
Household income
$2,075/wk
Median rent
$404/wk
Median mortgage
$2,167/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Greensborough price trend

Median sold · House 3 bed

Compound growth +0.7% / yr over 4 yrs

$945kcurrent median

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Price history

Price history

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1 price change recorded for this property

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