59 Tulloh Street, Elliminyt VIC 3250
59 Tulloh Street, Elliminyt VIC 3250
4 bed, 2 bath, 3 car on 731m² | Elevated hillside pocket with view potential | Family-oriented school zone | Bushfire overlay to weigh | Generous parking for the area
This property offers a genuinely practical layout for a family or someone needing serious car and storage space. The three-car configuration is uncommon for the street and adds real everyday utility, especially for tradespeople or households with multiple vehicles. Sitting on a standard suburban block within an established hillside pocket, the house likely benefits from the elevated terrain that defines this part of Elliminyt, with some outlook potential over the surrounding area. It serves best as a long-term family home, given the school zoning and quiet residential character, or as a solid owner-occupied purchase where the extra bathroom and bedroom provide comfortable headroom over typical local stock.
The bushfire overlay present in the immediate area may affect insurance premiums and could be a consideration for lenders, though it is not unusual for this part of the region. The older construction era might mean some maintenance or energy-efficiency upgrades are worth budgeting for, and the exact internal condition remains unconfirmed. The elevated position could influence value positively if views are present, but orientation and privacy will matter. Buyers should weigh these factors against the strong parking provision and established neighbourhood appeal when forming a price view.
|| Comparable Sales: 57 Tulloh Street sold around $517K in August 2024 | Property Price Band: $650K–$750K | Value Drivers: Condition, land size, view exposure, parking capacity
Detailed Independent Property Report prepared by PropCred Analyst team for 59 Tulloh Street, Elliminyt VIC 3250
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
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Market Insight
Elliminyt, in the Colac region, is a tightly held market anchored by elevated estates like The Lookout, which have drawn strong search interest since January 2026. Demand is driven by regional growth and development activity, with 49 house sales recorded in the past year. Median house prices range from $640,000 to $702,500 across sources, while annual growth estimates are uneven: 10.34% and 8.7% in some, but -10% in another, indicating price volatility. Days on market vary between 63.5 and 129, reflecting inconsistent turnover. A 0.41% vacancy rate and 4.17% gross house yield highlight rental tightness. Key constraints include minimal unit sales, limited rental stock, and a thin sales base.
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PropCred Estimated Value
Comparable Sales: 57 Tulloh Street sold around $517K in August 2024 | Property Price Band: $650K–$750K | Value Drivers: Condition, land size, view exposure, parking capacity
Bedrooms
4
Bathroom
2
Parking
2
Land
731m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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