78 Sheahans Road, Bulleen VIC 3105
78 Sheahans Road, Bulleen VIC 3105
78 Sheahans Road, Bulleen is a single-storey four-bedroom townhouse with four bathrooms and two car spaces on a 336-square-metre lot. It is in original condition and includes a formal living room, a kitchen-meals area, a family room, a laundry, and a large rear garden. The property was built in the early-to-mid 2000s.
What makes this property competitively strong is its single-storey configuration combined with four bedrooms and four bathrooms, a layout that is rare in modern townhouse stock and directly serves downsizers, young families, and semi-retired buyers seeking convenience without stairs. The large rear garden is another standout-on a 336sqm lot it offers outdoor space that many contemporary units lack, adding functional appeal for families with children or pets. In Bulleen, a stable family suburb with quiet, leafy streets, this property sits as a practical, low-maintenance option that prioritises space and usability over cosmetic polish. It suits buyers who value a solid floorplan and outdoor area over renovated finishes and are willing to add their own updates over time.
Several factors may materially affect the property’s value. Its original condition means no modern upgrades like stone benchtops or ducted heating, which could narrow buyer enthusiasm in a market that increasingly expects turnkey finishes; however, it also presents a value-add opportunity for those willing to renovate. The absence of a nearby train station might limit appeal for commuters reliant on public transport, though bus links along Manningham Road exist. The large rear garden, while a strength, may require maintenance that some downsizers might not want. These points should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 78 Sheahans Road, Bulleen VIC 3105
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
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
4
Bathroom
4
Parking
2
Land
336m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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