21 Carignan Street, Wollert VIC 3750
21 Carignan Street, Wollert VIC 3750
4-bed 3-bath on 484m² | larger than typical Wollert lot | family school catchment | move-in ready condition | outer-suburb setting
A configuration that is useful for a growing family is offered here: four bedrooms, three bathrooms, and a two-car remote garage on a 484 square metre lot. That land size is placed at the larger end of Wollert’s new-estate range, where many comparable houses sit on blocks around 350 square metres, so a more usable backyard and better side access are gained. Ducted heating and cooling, floorboards, built-in robes, a dishwasher, secure parking, and an outdoor entertainment area are all fitted, making the house move-in ready. Barrawang Primary School and Edgars Creek Secondary College are the designated catchment schools, which strengthens the fit for first-home buyers and young families.
Value may be supported by the land size, as 484 square metres is uncommon nearby, and flexibility is added by the three-bathroom layout. Rental demand in the area is active, which might strengthen the purchase case for an investor. Upside may be limited by the outer-suburban setting and absence of premium streetscape features, though neither is a risk.
>> Comparable Sales: 26 Carignan Street sold $840,000; 4 Cloverfield Crescent sold $795,000 | Property Price Band: $800K to $900K | Value Drivers: land size, three-bathroom layout, modern presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Carignan Street, Wollert VIC 3750
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Wollert, in Melbourne’s outer north, is a family-dominated market with owner-occupiers and renters in family households driving demand. Young families and first-home buyers target affordable housing around the $700,000 median house price, while investors are drawn to unit yields of roughly 5%. House prices have grown annually between 3.6% and 6.9%, with units posting stronger growth up to 13.76%. Days on market for houses range from 42 to 82 days, suggesting a balanced market. Demand is supported by population growth, Hume Freeway access, and infrastructure upgrades in the Whittlesea growth corridor. Key constraints include affordability stretched above $700,000, increasing supply from new developments, and sensitivity to interest rate changes.
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PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
2
Land
484m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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