78 Hutton Street, Thornbury VIC 3071
78 Hutton Street, Thornbury VIC 3071
This is a four-bedroom, three-bathroom single-level house on a 260 square metre lot with two car spaces. It sits on a standard residential street in Thornbury and is configured as a detached house, which is less common than townhouses in this part of the suburb.
The property is competitively strong because it offers four bedrooms and three bathrooms on a single level, which is relatively rare for a detached house on a modest lot in Thornbury. Most similar sized blocks here are developed as townhouses, so a standalone home with this configuration provides more privacy and outdoor space than a strata arrangement. The location is well served by primary school catchment and park proximity, making it a natural fit for young families or professionals who want a house rather than a unit. The rental yield around 3.4 percent is reasonable for the area and suggests steady demand from tenants if that is a consideration.
What may materially affect the value is the modest land size, which limits future extension potential compared to larger blocks in the suburb. The building age is not confirmed but the property last sold in 2013, so any renovation work since then could influence condition and appeal. The auction process introduces some uncertainty around final price, though the guide range suggests the market has already formed a view. Buyers should weigh whether the single-level layout and detached status justify a premium over nearby townhouses, which often offer similar internal space on comparable lots.
Detailed Independent Property Report prepared by PropCred Analyst team for 78 Hutton Street, Thornbury VIC 3071
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Thornbury is a well-established suburb attracting young professional families, evidenced by its dominant demographic and high owner-occupier rate. Demand is driven by this demographic seeking family homes, supported by robust sales activity. The market shows a clear divergence: house prices have experienced moderate growth while the unit market presents a more varied performance. Future stability is underpinned by strong ongoing buyer interest, though the differing trajectories between property types indicate a market sensitive to affordability and product.
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PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
2
Land
260m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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