3/150 Green Gully Road, Kealba VIC 3021
3/150 Green Gully Road, Kealba VIC 3021
3/150 Green Gully Road, Kealba is a three-bedroom, two-bathroom townhouse built in 2000, with 149 square metres of internal living space on a 162 square metre lot. It includes one car space and a master bedroom with walk-in robe and ensuite on the upper level.
This townhouse is competitively positioned as a larger than average three-bedroom option in a suburb where two-bedroom layouts are more common. The dual bathroom configuration and separate ensuite give it an edge for families or couples who need more privacy and space than typical townhouse stock in Kealba offers. It serves buyers seeking a low maintenance home with good internal proportions, close to the Tullamarine Freeway and Melbourne Airport, without the price tag of inner suburbs. The 2000 build year means it avoids the very small room sizes of newer developments while being modern enough for straightforward living.
The gap between the estimated value and the listed price range may reflect market positioning or timing factors that a buyer should explore carefully. The 162 square metre land size is modest and may limit future extension potential, which could affect long term value growth. Proximity to major roads offers convenience but might introduce traffic noise that could influence resale appeal for some buyers. The lack of on site amenities and average local school ratings are factors that may narrow the buyer pool slightly, though they do not diminish the property’s fundamental suitability for its target market.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/150 Green Gully Road, Kealba VIC 3021
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Kealba offers an affordable entry point to Melbourne’s northwest, characterised by its quiet, low-density residential streets. Demand is driven by buyers seeking value, evidenced by strong auction clearance rates and a notable annual price appreciation for houses. The market is active with competitive days on market, particularly for larger homes, though overall sales volume has softened. Future growth is supported by its relative affordability and proximity to the city, yet this trajectory is tempered by a constrained supply of new listings.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
-
Land
167m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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