Point Cook home discounted property of the week: SQM Research

The latest discounted property of the week from SQM Research is a three bedroom home under 25km from Melbourne's CBD with an asking price reduced some $5,000 since July.

The property, 11 Brae Grove Point Cook, Victoria, was listed initially with a price range of between $390,000 - $410,000.

SQM Research managing director Louis Christopher said the asking price is now down to $385,000, which should allow the property to appeal to more buyers who are looking in the mid to high $300's.

"The backyard is very generous with a handy timber deck for the adults and plenty of cleared grass for the kids to play," he said.

"If this is not enough room there is a local park directly across from the property. The properties location and size is ideal for a young family and or person/s looking to start a family soon. The vendor says the property is located within close distance of local schools and shops for additional convenience."