8 Lucinley Close, Kilsyth VIC 3137
8 Lucinley Close, Kilsyth VIC 3137
Compact two-level townhouse | rare dual-bathroom layout for its size | low-maintenance courtyard living | strong downsizer and first-home appeal | smaller than typical Kilsyth stock
This townhouse carries a genuine edge in its configuration: two full bathrooms in a two-bedroom format is uncommon at this entry level, and it changes how the property can be used. Couples, downsizers, or two sharers each get private facilities, which lifts everyday comfort and widens the buyer pool. The stone benchtops, island kitchen, and Daikin split system point to a finish standard above basic spec, while the private courtyard and water tank keep outdoor upkeep genuinely light. Set across two levels, it reads as a considered, modern dwelling rather than a compromise. For a suburb where detached three-bedroom houses dominate, this offers a sharper, more efficient alternative — ideal for those prioritising location and condition over sheer space.
The main value consideration is how the two-bedroom footprint compares to the broader market’s preference for three bedrooms. That may narrow appeal to specific buyer groups, but it also means less competition from family buyers. The auction format could introduce price variability, and the absence of a confirmed land size or exact school catchment means the final figure may hinge on how strongly a buyer values the dual-bathroom layout and low-maintenance package. The property’s condition and presentation appear strong, which may support a firmer price outcome. Buyers should weigh the compact size against the quality of finish and the practical benefits of two bathrooms when forming a view.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Lucinley Close, Kilsyth VIC 3137
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Kilsyth, in Melbourne’s outer east, is a balanced family and single buyer market with a mix of owner and renter households. Demand is supported by tight supply conditions, with houses averaging 16–24 days on market and robust sales volumes of 120–163 per year. Reported house medians cluster around $817,000–$847,000, with annual growth varying from 1.4% to 6.9% across sources; units sit at $710,000–$727,000, growing between 1.8% and 9%. Rental yields remain healthy at roughly 4% with median weekly rents of $591–$628. Future growth will be supported by firm rental demand and strong absorption, but affordability pressure is the key risk: auction clearance rates for houses fell to 44.8% and unit days on market lengthened to 72, signalling rate sensitivity.
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PropCred Estimated Value
Comparable Sales: 9 Lucinley Close (2 bed, 1 bath) sold $595K–$635K band; 23/8 Cameron Court (2 bed) guided $670K–$720K | Property Price Band: $600K–$700K | Value Drivers: dual-bathroom layout, modern finish quality, low-maintenance courtyard
Bedrooms
2
Bathroom
2
Parking
1
Land
125m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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