10 Tulley Road, Lima East VIC 3673
10 Tulley Road, Lima East VIC 3673
rural landholding with house | 1.98 ha lot | 297 m² residence | Lima East acreage | lifestyle buyer pool
A semi-rural holding with a substantial dwelling is presented, a configuration rarely found in Lima East. The 1.98 ha lot and 297 m² internal area are combined to offer space and privacy beyond typical suburban stock. This property is best suited to buyers seeking a rural lifestyle, including those looking for acreage for hobby farming or simply distance from urban density. Value considerations may be influenced by the condition of improvements and the costs associated with maintaining a large rural holding. The thinner demand typical for this property type might also affect the final sale price.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Tulley Road, Lima East VIC 3673
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Market Insight:
Lima East is a tightly held enclave where demand is driven by older, outright homeowners and childless couples, drawn by lifestyle and affordability within a regional catchment. The market is exceptionally thin, with fewer than five house sales annually, and the median price has settled at a level reflecting limited turnover rather than broad price discovery. Future growth hinges on the area’s appeal to those seeking a quieter, lower-density setting near a school and park, but constraints are significant: an overwhelming dominance of detached housing and a notable share of mortgaged owners signal sensitivity to rate shifts, while the lack of rental data underscores a market with minimal transactional depth.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
4
Land
1.98 ha
Assessments Delivered Today
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