21 Newhaven Drive, Williams Landing VIC 3027
21 Newhaven Drive, Williams Landing VIC 3027
5-bed family scale | Premium finishes throughout | Park-facing balcony outlook | Established estate setting | High-spec living spread
This house commands attention through sheer configuration and finish. Five bedrooms with full ensuites and walk-in robes, a soundproofed theatre, study, butler’s pantry, and multiple living zones across two levels—this is not standard Williams Landing stock. The 545 m² block supports 291 m² of building, giving generous room without excessive land maintenance. Fresh paint, new carpets, stone benchtops, 900 mm appliances, ducted heating and cooling, and plantation shutters lift it well beyond typical family offerings. The park-facing balcony adds a lifestyle dimension that appeals directly to families wanting outdoor outlook without yard burden. This property serves the upgrader or established family buyer seeking premium suburban living with train station, shopping, and schools within easy reach.
The 2017 sale at $990,000 anchors historical value, while current expectations sit notably higher. The implied yield near $885 per week rental suggests modest income return for the price band, typical of larger premium houses. The PDZ1 zoning may signal future development flexibility but also means surrounding land use could evolve. The property’s size and finish likely narrow the buyer pool—those who want this much house and quality are fewer than those seeking standard 4-bedroom family homes. Side access adds practical value for trailers or boats, a quieter advantage that broadens appeal. The build year remains unconfirmed, but the established status and 2017 transaction suggest a well-settled structure with modern conveniences intact.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Newhaven Drive, Williams Landing VIC 3027
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Williams Landing is a western Melbourne suburb with a strong owner-occupier base, high mortgage prevalence, and a $2,167 median monthly mortgage. Demand is driven by incomes 35.8% above Greater Melbourne and a 90.9% clearance rate. House prices rose 10.3% to an $860,000 median, selling in 49 days. Units are mixed: median $404,000, growth -1.5% to 1.5%, but yields of 5.6-5.8% beat houses’ 3.6-3.9%. Supply is tight—16 listings monthly, 177-187 sales a year. Risks are rate sensitivity from high leverage and limited turnover; 44% of owners held under six years.
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PropCred Estimated Value
Comparable Sales: Limited settled data; 2017 sale at $990,000 for this house | Property Price Band: $1.4M–$1.5M | Value Drivers: Five-bedroom ensuite configuration, premium fitout condition, park-facing balcony and side access
Bedrooms
4
Bathroom
2
Parking
2
Land
480m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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