3 Finlay Street, Yarraville VIC 3013
3 Finlay Street, Yarraville VIC 3013
Detached family house on a large 468m² block | Four-bedroom configuration with three car spaces | Strong school catchment demand | Premium inner-west family market | Newer premium stock nearby signals street upgrade potential
The property holds a clear competitive edge through its land size. At 468m², it sits well above the newer infill product appearing across Yarraville, where smaller parcels are common. This translates into genuine flexibility for a family—room for a substantial home, outdoor space, and parking without compromise. The four-bedroom, two-bathroom layout with three car spaces positions it as a complete family package rather than a starter or downsizer option. Given the street’s demonstrated appetite for architecturally finished homes and the suburb’s strong owner-occupier character, this property is best suited to a family seeking a long-term home with room to grow, or a buyer wanting to renovate or extend without being land-constrained.
The value picture may hinge on the property’s current condition and presentation, which is not confirmed from available information. If the house retains original finishes or requires updating, the purchase price might need to account for renovation costs, though the land component provides a solid base. The flood overlay affecting a nearby parcel suggests the buyer should investigate whether this property carries any similar restriction, as that could influence insurance and development potential. The street’s recent redevelopment activity—with newer builds achieving strong prices—may support further upside, but this depends on how the property compares to those modern standards. Buyers should weigh the balance between land value and the cost of bringing the house to current market expectations.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Finlay Street, Yarraville VIC 3013
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Yarraville’s market is anchored by a $1.16 million median house price, with annual growth ranging from 0.87% to 2.7% depending on the index; one source records a 1.7% decline. Houses sell in 44–58 days, reflecting steady but competitive demand from young professionals, singles, and small families drawn to CBD proximity and lifestyle. Household incomes are high, and professionals dominate. Units remain the entry point, with medians between $600,000 and $663,500 and stronger momentum—up to 6.16% annually—despite one series showing a 5.8% year-on-year fall. Rental yields are tighter for houses at around 3%, while units deliver 4.6–5.1%, supporting investor interest. Future growth drivers centre on continued professional migration and unit affordability, but the key constraint is price sensitivity above $1.1 million for houses, alongside divergent data signalling possible softness in both segments. Sales volume is substantial, with 359 properties transacting in 2025, underscoring liquidity.
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PropCred Estimated Value
Comparable Sales: 17 Finlay Street sold at $2.8M; 1 Finlay Street sold at $1.05M | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, condition and presentation, street-level redevelopment momentum
Bedrooms
5
Bathroom
3
Parking
2
Land
468m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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