24 Lilian Street, Bulleen VIC 3105
24 Lilian Street, Bulleen VIC 3105
A three-bedroom, two-bathroom detached house on a 607-square-metre block with a double car garage. The single-storey red brick residence is positioned in a quiet, established Bulleen street and has been described as charming with generously sized rooms and an ensuite off the master bedroom.
This property represents a standard yet highly desirable configuration for Bulleen’s low-density residential character. Its red brick construction and generous land size place it within the suburb’s core housing stock, which appeals strongly to families and professionals seeking durability and space without the premium of modern luxury finishes. The property’s prime location within a sought-after neighbourhood of 65 properties suggests strong, stable demand from buyers valuing a classic, comfortable home with room to personalise. It is best suited to owner-occupiers or investors targeting established, low-maintenance stock in a cohesive streetscape.
The recent sale price of $1.2 million in 2025 may reflect the property’s appeal to buyers prioritising land size and location over contemporary interiors. The discrepancy in bathroom count—either two full bathrooms or one main plus ensuite—could affect perceived value depending on buyer expectations. The lack of modern finishes or a north-facing aspect may limit upside for those seeking high-spec contemporary living, though the property’s solid construction and standard lot dimensions offer a stable foundation. Any value assessment should weigh these factors against the enduring demand for detached houses in this part of Bulleen.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Lilian Street, Bulleen VIC 3105
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
2
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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
607m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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