5/35 Tullidge Street, Melton VIC 3337
5/35 Tullidge Street, Melton VIC 3337
Modern 3-bed townhouse | Mid-market Melton band | Family/investor demand | Courtyard living | School proximity | | | |
The property sits in a well-positioned townhouse complex on Tullidge Street, offering a practical three-bedroom, two-bathroom layout with two car spaces—a configuration that suits first-home buyers, young families, and investors alike. Its double-storey design, with living downstairs and sleeping upstairs, provides a clear separation of zones that appeals to owner-occupiers seeking low-maintenance living without sacrificing space. The complex’s proximity to Melton town centre, train station, and primary school catchment strengthens its everyday convenience, making it a reliable choice for those prioritising access over premium finishes. This is competitive mid-market stock, not premium detached housing, but it holds steady appeal in a growth suburb where attached family housing is in consistent demand.
The property’s value may be shaped by its position within a medium-density complex, where neighbouring units and shared infrastructure can influence perceived privacy and street appeal. Presentation and condition are likely to matter most, as comparable townhouses in the area have transacted across a noticeable price spread, suggesting that upgrades or dated interiors could shift buyer interest. The nearby industrial and commercial development along Tullidge Street might affect the immediate environment, though it also signals ongoing economic activity that supports local demand. Buyers should weigh the balance between modern convenience and the growth-suburb context when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/35 Tullidge Street, Melton VIC 3337
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Melton, 37km west of Melbourne’s CBD, is an established yet growing regional centre with a sub-$600k median house price. House medians range from $521k to $556k across sources, with annual growth of 11.7% to 13.5%. Units are softer: $380k to $410k, with growth of 0.9% to 7.9%. Houses sell in 22 to 76 days; a 100% clearance rate points to strong absorption. Weekly rents are $410 for houses and $390 for units, yielding 4.0% to 5.3%, attracting investors. Around 200 house sales annually shows steady turnover. The growing community and existing schools and shopping underpin future demand. The key constraint is data variance: price and growth figures differ materially across sources, while unit growth trails houses.
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PropCred Estimated Value
Comparable Sales: 23/51-55 Tullidge Street sold $485,000; 16/35 Tullidge Street sold $478,000 | Property Price Band: $450K–$550K | Value Drivers: Internal condition, layout efficiency, courtyard size and presentation
Bedrooms
3
Bathroom
2
Parking
2
Land
156m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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