5 Haileybury Court, Wantirna VIC 3152
5 Haileybury Court, Wantirna VIC 3152
3 bed 2 bath 2 car on 562m² | Court location | Family rental demand at $750/wk | Detached house with standard suburban footprint
This is a solid, conventional family house in a quiet court setting, which is exactly what many Wantirna buyers are looking for. The 562m² block is large enough for a backyard and outdoor space without demanding heavy upkeep, and the 3/2/2 configuration suits a growing family or someone wanting single-level convenience. It sits comfortably in the middle of the local market, more substantial than compact townhouses but not as sprawling as the older deep-block homes nearby. The rental figure of $750 per week suggests steady income potential, and the court location typically appeals to owner-occupiers who value privacy and low through-traffic. This property serves best a family buyer or an investor seeking reliable long-term demand in a well-established suburb.
The value here will hinge largely on the condition and finish of the interior, since the layout and land size are fairly standard for the area. If the kitchen, bathrooms, and flooring have been updated recently, the house could command a noticeable premium over similar unrenovated stock. Conversely, if the original fabric is dated, a buyer might need to budget for cosmetic upgrades. The court position itself adds a degree of desirability, but without a confirmed build year or renovation history, the asking price should be weighed against what visible improvements are present. The lack of a pool or premium outdoor entertaining space may limit comparison to higher-end renovated homes nearby.
|| Comparable Sales: 5A Benmore Place sold $995,000 on 523m² renovated; 3 Chiswick Court listed on 1,031m² but unsettled | Property Price Band: $900K–$1.0M | Value Drivers: condition of interior, land size relative to court position, rental yield potential
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Haileybury Court, Wantirna VIC 3152
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Wantirna South, 26 km east of Melbourne, is a family and professional stronghold with excellent schools, strong transport links, and Westfield Knox as the retail anchor. Demand is underpinned by high ownership (82% owned or mortgaged) and a median age of 41, reflecting settled residents. House prices sit at $1,195,000 after 11.45% annual growth, while units reached $730,000 (4.73%). Houses sell in a median 24 days on just 164 annual sales, signalling tight supply. Gross yields remain low for houses at 2.97% but firmer for units at 4.53%, with weekly rents of $670 and $600. Green spaces add to liveability, but modest house yields and rate sensitivity pose constraints on further price acceleration.
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PropCred Estimated Value
Comparable Sales: 5A Benmore Place sold $995,000 on 523m² renovated; 3 Chiswick Court listed on 1,031m² but unsettled | Property Price Band: $900K–$1.0M | Value Drivers: condition of interior, land size relative to court position, rental yield potential
Bedrooms
3
Bathroom
2
Parking
2
Land
562m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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