9 Rutland Street, Niddrie VIC 3042
9 Rutland Street, Niddrie VIC 3042
Rear townhouse, park frontage, four bedrooms, three bathrooms | Family-oriented Niddrie infill, quiet leafy setting | Premium configuration on compact 207 m² | Strong public school catchment | Price likely driven by layout and position
This property stands out for its unusually complete family specification: four bedrooms, three bathrooms, and two car spaces in a low-maintenance townhouse format, which is rare in Niddrie’s older housing stock. Its rear position with direct access to Grosvenor Street Reserve gives it a quiet, leafy outlook that most comparable townhouses lack, and the multiple living levels with an adaptable fourth bedroom make it practical for growing families or those wanting a dedicated study. The combination of ducted heating, evaporative cooling, and a split-system unit covers seasonal comfort well, while the deep garage plus second driveway space addresses a common townhouse weakness. It is best suited to buyers seeking a move-in-ready home with strong amenity access—Keilor Road retail, trams, buses, and schools are all within easy reach—without the maintenance burden of a larger block.
The compact 207 m² land size may limit appeal for buyers wanting substantial outdoor space, and the rear position, while private, could mean less street presence and potentially narrower access. The build year of 1999 suggests the property may not have the modern finishes or energy efficiency of newer infill developments nearby, so presentation and any recent updates will weigh heavily on perceived value. The park adjacency and multiple bathrooms are genuine differentiators, but the absence of a clear orientation means natural light and aspect should be verified on inspection. Rental demand appears moderate, and yield is likely constrained by the suburb’s higher dwelling values relative to rents, so this should be viewed primarily as an owner-occupier purchase rather than an investment play.
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Rutland Street, Niddrie VIC 3042
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Niddrie is a mature, predominantly owner-occupied suburb: 76.5% owner-occupiers and a median age of 40–59 point to established families and downsizers driving demand. House prices sit near $1.28–$1.3 million, with annual growth of 6.6%–8.7% across sources, though quarterly volatility appears (REIV shows −4.9%). Units range from $764,500 to $800,000, with one source reporting 54.7% annual growth, but another showing −13% quarterly. Houses clear in 46–54 days, signalling balanced turnover. Rental yields are thin for houses at 2.83%; units deliver a firmer 4.4%–4.9%. The principal constraint is affordability at these price points, leaving the market exposed to rate sensitivity given the high owner-occupier skew. Future growth relies on scarce stock and the suburb’s established appeal, but buyer capacity will be tested while borrowing costs stay elevated.
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PropCred Estimated Value
Comparable Sales: 31 Rutland Street sold at $805,000; 16A Rutland Street sold at $340,000 | Property Price Band: $800,000–$900,000 | Value Drivers: park outlook, four-bedroom layout, low-maintenance condition
Bedrooms
3
Bathroom
1
Parking
2
Land
651m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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