9 Callanish Street, Truganina VIC 3029

9 Callanish Street, Truganina VIC 3029
3 bed, 2 bath, 2 car | 67% building coverage on 294mยฒ | Wyndham City | 75% owner-occupied street This property offers a rare configuration edge: a modern 3-bedroom house with a 67% building footprint on a compact 294mยฒ lot, which translates to generous internal living space relative to land. The street’s 75% owner-occupier rate and 78% long-term residency signal stable demand and low turnover risk. For a family or investor seeking a turnkey house in a growing corridor with no bushfire, flood, or heritage overlays, the floorplan and location align well. The primary risk is the 197mยฒ building footprint leaves limited backyard space, which may deter buyers seeking outdoor area and could cap long-term capital growth relative to larger lots. The single comparable on Challans Street at $742k for 400mยฒ suggests a land-value penalty. Opportunity lies in the active sale price range being below the upper band of the estimated value, offering a potential entry discount. Hold this property for rental yield and medium-term capital appreciation as Truganina infills.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 9 Callanish Street, Truganina VIC 3029
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Market Insight:

Truganina is a family-oriented suburb with strong owner-occupier demand, evidenced by high sales activity. Recent price growth has been solid, particularly for units, though the market is less competitive than metropolitan averages, indicated by a lower clearance rate. Future growth is underpinned by its established residential character, while the primary constraint is the current higher level of available supply relative to buyer demand.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

294mยฒ

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