28 Wanda Road, Caulfield North VIC 3161
28 Wanda Road, Caulfield North VIC 3161
Renovated Edwardian villa | single-level north-facing | 4.2m ornate formal ceiling | four-bed family layout | premium Caulfield North pocket
A renovated Edwardian villa with single-level north-facing layout is offered, combining period detail with a contemporary rear addition. A 4.2 m ornate ceiling in the formal sitting room and a 3.6 m height in the rear living zone are found. Three sets of French doors are provided to a covered deck and low-maintenance garden. This property is positioned above typical attached townhouse stock, serving families and downsizers who prioritise character and single-level living. Its location near Caulfield Park, Glenferrie Road shops, and elite schools is considered a strong draw for school-focused households.
The value of this property may be influenced by its period detail and condition, which are distinctive within the local market. A single-level layout might be considered a decisive factor by downsizers, while families with older children could be better served by an upper-level addition. Since market conditions are soft, price growth may be moderate. The quality of the renovation and land aspect are expected to be the strongest value drivers.
Detailed Independent Property Report prepared by PropCred Analyst team for 28 Wanda Road, Caulfield North VIC 3161
Checks found:
Value Risk
✓
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
✓
Execution Risk
✓
Market Insight
Caulfield North is an established inner-city suburb drawing young professionals and families, with the dominant 20-39 age cohort, childless couples, and 58.9% owner-occupiers. Demand is anchored by Monash University Caulfield and elite school catchments including Mount Scopus and Caulfield Grammar. House prices have corrected to a $2.019M–$2.351M range, with annual growth between -1.2% and -6.0%; units sit at $575,000–$635,000, down 4.1% to 20.3%. Houses trade in 48–54 days, yet auction clearance rates remain competitive at 82.8%. Rental yields are thin for houses at 2.28% but firmer for units at up to 5.7%. Future growth relies on continued education-linked demand and transport access, though high entry prices and rate sensitivity cap upside.
PropCred Estimated Value
Comparable Sales: 2/16 Wanda Road sold at $1.685M | Property Price Band: $1.8M-$1.9M | Value Drivers: Period character, renovated condition, single-level layout
Bedrooms
4
Bathroom
2
Parking
2
Land
706m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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