24 Hermes Road Truganina VIC 3029

4-bed house in Truganina | 64% site coverage on 370sqm | 6.5kW solar & high ceilings | School walkability This property offers a rare configuration edge: 64% site coverage on a 370m² lot is unusually high for a modern estate house, meaning the internal space is genuinely generous for the land size. The 237m² floorplan with two living areas, high ceilings, and feature lighting positions it well above the typical entry-level build in Truganina. For a family buyer, the walkability to Truganina P-9 College and the solar array reduce ongoing costs. The property suits an owner-occupier seeking a long-term hold in a growth corridor, or an investor targeting the rental midpoint of $580 per week with a yield near 3.8%. The primary risk is the suburb’s auction clearance rate of 39% and 57 average days on market, indicating softer demand for resale in this price bracket relative to the vendor’s $739,000–$779,000 range. The buyer pays for the premium finishes and solar, but must accept that Truganina’s median for four-bedroom houses sits around $660,000–$701,000. The commercial logic is to negotiate toward the lower end of the range, using the 2016 purchase price of $249,000 as evidence of the vendor’s substantial equity. Hold this property for its school catchment and infrastructure pipeline, not for short-term flipping.