22 Tungsten Drive, Kalkallo VIC 3064

22 Tungsten Drive, Kalkallo VIC 3064
2025 build, premium finish | compact 263m² lot | 4 bed, 2 bath, 2 car | strong family appeal | moderate yield This house stands out for its finish quality rather than its footprint. The 2025 construction includes stone benchtops, floor-to-ceiling tiles, smart home integration, and a built-in vacuum system — details that typically belong in a higher price bracket. On a compact 263m² lot, it suits buyers prioritising low maintenance and modern presentation over outdoor space. The configuration serves young families and first-move-up buyers well, offering four bedrooms and dual living zones in a growth corridor where new stock is common but this level of specification is less so. The small land size may cap long-term appreciation compared to larger-lot neighbours, and the moderate rental yield suggests investor demand is steady rather than exceptional. Orientation data is not available, so light and solar access remain unverified. The premium inclusions could support resale strength, but the compact footprint might limit appeal for buyers seeking traditional backyard space. Price positioning should weigh the quality of finishes against the land constraint, and how quickly the surrounding estate matures may influence future demand. || Comparable Sales: 34 Tungsten Drive sold at $600,000; 13 Tungsten Drive sold at $680,000 | Property Price Band: $600,000–$700,000 | Value Drivers: premium finish package, 2025 build condition, compact land size
Detailed Independent Property Report prepared  by PropCred Analyst team for 22 Tungsten Drive, Kalkallo VIC 3064
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ! 1
Execution Risk
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Market Insight

Kalkallo, 31km north of the CBD, sits in one of Melbourne’s newest growth corridors, anchored by large-scale developments. Tenant demand is firm: house rents rose 6.4% and unit rents 9.5% over the year. House prices are split across sources, with medians ranging from roughly $591,000 to $711,000 and annual growth flat to 3%. Market conditions have softened: houses take 58–90 days to sell, the auction clearance rate is 26.3–33.3% against a metro average of 77.8%, and annual sales are down 10.2%. Future growth relies on continued infrastructure and housing delivery in the corridor, while the key constraints are weak buyer confidence, drawn-out selling times, and falling clearance rates.
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PropCred Estimated Value

Comparable Sales: 34 Tungsten Drive sold at $600,000; 13 Tungsten Drive sold at $680,000 | Property Price Band: $600,000–$700,000 | Value Drivers: premium finish package, 2025 build condition, compact land size

Bedrooms

4

Bathroom

2

Parking

2

Land

263m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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