5 Hunter Street, Monbulk VIC 3793
5 Hunter Street, Monbulk VIC 3793
3-bedroom on 985sqm | Monbulk cul-de-sac | bushfire overlay | strong rental yield potential
This property offers a rare combination of generous land size and solid building footprint in a quiet cul-de-sac, which typically commands a premium for families seeking space and privacy. The 197sqm dwelling with open plan living and floor-to-ceiling windows provides good natural light and liveability, while the substantial parking for five vehicles adds practical value for multi-car households or those with recreational vehicles. Positioned within Monbulk Primary and College catchments, the house suits families or investors, with a weekly rental estimate of $680 indicating a yield around 4.5% at the lower end of the price range, which is competitive for the area.
The bushfire overlay is a material risk that may increase insurance costs and limit some renovation options, and buyers should factor this into due diligence and budget. The NBN Fibre to the Node is adequate but not a prime value driver. The property’s 2015 sale at $420,000 shows significant appreciation, but comparable homes on Hunter Street at $695,000–$750,000 suggest the current listing may be at the upper end of market value, requiring careful negotiation. The 985sqm lot offers potential for future subdivision or extension, subject to council approval, which could unlock additional value. Hold for steady capital growth and rental income, or improve the dwelling to further lift equity.
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Hunter Street, Monbulk VIC 3793
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
Monbulk offers a semi-rural lifestyle with strong community appeal, attracting buyers seeking a leafy retreat within commuting distance of the city. Recent market conditions show a softening in house prices and a lengthening sales period, indicating a shift in momentum. While the unit market demonstrates relative resilience, future growth will depend on sustained demand for its unique lifestyle offering against broader economic headwinds.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
5
Land
985m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!