19 Timble Close, Wollert VIC 3750
19 Timble Close, Wollert VIC 3750
4-bedroom family house | Wollert 688mยฒ lot | FTTP and 5G ready | auction 23 May 1:30pm
This property offers a rare combination of generous lot size and modern building footprint, positioning it well above the suburb median for four-bedroom homes. The 261mยฒ floorplan with three bathrooms and four toilets provides genuine family utility, while the absence of bushfire, flood, or heritage overlays removes common friction points for both buyers and lenders. It serves best a growing family seeking long-term holding potential, or an investor targeting the strong owner-occupier demand in a suburb with 79% home ownership and reliable school zoning.
The primary risk is the wide indicative price range, which suggests the vendor’s expectations may not align with the current 51% auction clearance rate and 55-day average selling period in Wollert. The 2016 land purchase history means the vendor likely holds low cost base, creating room for negotiation if auction passes in. Rental income of $625 per week offers a modest buffer but does not justify overpaying. Buyers should inspect thoroughly, bid conservatively at auction, and hold this property as a long-term family home rather than a short-term flip.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Wollert is a high-growth family suburb in Melbourne’s outer north, positioned as an affordable entry point with strong transport links. Demand is driven by young families and first home buyers seeking larger homes, supported by steady rental yields attracting investors. Recent price growth reflects this sustained demand, with a balanced sales market. Future growth is underpinned by ongoing infrastructure development and population influx, though increasing supply and sensitivity to interest rates present moderating influences on price appreciation.