2/79 Willow Bend, Bulleen VIC 3105
2/79 Willow Bend, Bulleen VIC 3105
3-bedroom, 2-bathroom ground-floor unit on 248 m² land with 2 car spaces. Low-maintenance garden with lemon and lime trees and covered alfresco. Built-in robes in all bedrooms. Positioned within walking distance of Koonung Creek Trail, Westfield Doncaster, and multiple schools. 3-bedroom units are less common in Bulleen, making this a premium configuration for unit stock.
What is competitively strong about this property is its configuration as a 3-bedroom unit on a sizable 248 m² lot, which is less common in Bulleen where 2-bedroom units dominate. This makes it a rare find for families seeking low-maintenance living without sacrificing space. The ground-floor access with a private garden and alfresco area adds a layer of lifestyle appeal often missing in higher-density apartments. Its position near Koonung Creek Trail, Westfield Doncaster, and a cluster of reputable schools positions it strongly for family-oriented buyers and commuters. The property serves best those looking for a contemporary home with minimal upkeep, close to both nature and urban amenities.
The property’s value may be influenced by its land size being smaller than typical house lots in the area, which could affect its appreciation relative to larger properties. The lack of explicit data on building age might introduce uncertainty, though the last sale in 2019 suggests modern construction. Rental demand is implied by location but not quantified, so the yield projection may vary. Buyers should weigh the premium for a 3-bedroom unit against the potential for future development in the neighbourhood, which could alter the character of the area.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/79 Willow Bend, Bulleen VIC 3105
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Bulleen is an established, family-oriented suburb in Melbourne’s north-east, characterised by a high proportion of detached housing and outright owners. Demand is primarily driven by owner-occupying families and downsizers, attracted by its quality school catchments and proximity to eastern employment hubs. Recent market conditions show resilient house prices with moderate growth, while the unit segment has experienced some softening. Future growth is underpinned by consistent rental demand and limited new supply, though high price points and interest rate sensitivity present affordability constraints for new entrants.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
248m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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