21 Delepan Drive, Tyabb VIC 3913
21 Delepan Drive, Tyabb VIC 3913
Detached family house | Likely 3–4 bedroom | 1980s-era build | Quiet established street | Bushfire overlay present
This property sits in a pocket of Tyabb where the housing stock is consistently family-oriented, detached, and practical. The configuration likely suits buyers wanting space without excessive upkeep, with land sizes in the range that supports a backyard, shed, and secure parking. The street itself appears settled and suburban, attracting owner-occupiers and families who value school access and a low-density feel. Its strongest competitive edge is the combination of house format and block size, which remains in steady demand among upgraders and those seeking a semi-rural fringe without leaving town infrastructure behind.
Value will be shaped most by the condition and renovation level of the dwelling. The era of construction suggests original features may still be present, which could mean either a discount for updating or a premium if modernised. The bushfire overlay may influence insurance costs and lending considerations, though it does not appear to limit typical residential use. Buyers should weigh whether the property offers immediate livability or requires capital input, and how that compares to the broader price expectations for similar houses in the area.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Delepan Drive, Tyabb VIC 3913
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Tyabb, 70km southeast of Melbourne, is a historic rural township anchored by antique retail, equestrian pursuits and a small-aircraft airport. Demand is driven by established local households and families, with the dominant cohorts aged 50-59 and 10-19, most employed in trades with certificate-level qualifications. The median house price sits at $815,000, up 11.3% year-on-year, though quarterly movement shows a 7.1% decline, and sales volume has slipped 29.2% to 34 houses. Houses now average 44 days on market, down 24.1% annually, indicating tightening supply. The limited turnover—just three unit sales, down 25%—and price volatility are the key constraints. Growth drivers remain lifestyle and niche infrastructure rather than broad demographic expansion; the low volume warrants close monitoring.
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PropCred Estimated Value
Comparable Sales: 39 Delepan Drive sold $705,000; 41 Delepan Drive sold $735,000 | Property Price Band: $700,000–$800,000 | Value Drivers: condition and renovation level, land size, presentation and layout
Bedrooms
3
Bathroom
1
Parking
2
Land
627m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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