102/170 Bulleen Road, Bulleen VIC 3105
102/170 Bulleen Road, Bulleen VIC 3105
oversized 125 sqm boutique apartment | west terrace for afternoon sun | premium downsizer finish | 2-bed 2-bath with study nook | built 2022 low-rise
This apartment is positioned well above Bulleen’s standard unit stock. At roughly 125 square metres, the floorplan is configured with two full bathrooms, a study nook, separate laundry, secure parking, and storage, making it function like a small townhouse rather than a typical apartment. The west-facing terrace is oriented to capture afternoon sun, extending the usable living space. As one of only thirteen residences in a 2022 building, a boutique character is achieved that older walk-ups cannot match. Downsizers and professional couples are best served here, buyers who trade floor count for quality and want space, privacy, and low maintenance without compromise. The specification, with hardwood floors, stone benchtops, and gas cooking, is finished to an owner-occupier standard above the suburb’s apartment baseline.
Resale value may be shaped by the west-facing aspect, which some might find warm in summer, and by the single car space, which may be seen as a limitation. Apartment resale depth in Bulleen could be thinner than for houses. School catchment pointers may support family demand. Limited supply of similarly sized boutique units may be relied upon for price protection.
Detailed Independent Property Report prepared by PropCred Analyst team for 102/170 Bulleen Road, Bulleen VIC 3105
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Bulleen, 14km from the CBD off the Eastern Freeway, remains a family-dominated market: 29% of residents are over 60 and most homes are detached, owner-occupied houses. Median house prices sit near $1.38m with 6.5% annual growth, though quarterly declines of -3.3% signal rate sensitivity. Unit prices are mixed: $795k (-11.9%) to $843k (+4.75%). Houses sell in 36–53 days; annual sales volume is 125–178. Rental yields are low: houses 2.89–3.0%, units 4.09–4.1%. Demand is driven by families and downsizers drawn to quality school catchments, including Viewbank College, and proximity to eastern employment hubs. Future growth relies on limited supply (only 36 listings) and consistent rental growth; the key constraint remains affordability at $1.3m+ median prices, which excludes first-home buyers.
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PropCred Estimated Value
Comparable Sales: 101/170 Bulleen Road sold $775,000; 204/170 Bulleen Road sold $820,000 | Property Price Band: $800,000-$900,000 | Value Drivers: size and layout, finish quality, terrace aspect
Bedrooms
2
Bathroom
2
Parking
1
Land
985m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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