21 Marleigh Street, Vermont VIC 3133
21 Marleigh Street, Vermont VIC 3133
4-bed family footprint | 724m² substantial block | owner-occupied suburb | school-linked location | stable 2011 base
This detached house is defined by its competitive family configuration, with four bedrooms, two bathrooms, and double-car parking on a substantial 724m² block. The generous land size is regarded as a key strength, offering outdoor space and future adaptability. A stable, owner-occupied suburb is reflected in the surrounding market, supporting family demand and long-term ownership. Proximity to local schools is seen as a notable advantage for family buyers. The property is best suited to households seeking a permanent family home with room to grow.
The final price may be heavily influenced by the property’s present condition and presentation, with any need for updating potentially lessening demand. Daily liveability and future adaptability might be affected by orientation and block shape, while extension or subdivision possibilities could be limited by planning constraints. A careful consideration of these factors is required by buyers when forming a view on price.
>> Comparable Sales: 15 Frances Avenue at 2.1M-2.3M | Property Price Band: 1.4M-1.5M | Value Drivers: land size, layout, presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Marleigh Street, Vermont VIC 3133
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Vermont, in Melbourne’s eastern suburbs, trades as a family-oriented market anchored by Canterbury Road connectivity. House demand centres on spacious 4-5 bedroom properties, with 109-112 sales in the past year and median prices holding between $1.3m and $1.344m. Growth is modest but positive: 2.33% to 5.4% annually, though quarterly movement dipped -0.2%. Houses sell in 28-36 days, reflecting balanced conditions. The unit segment is the soft spot: median prices around $800k-$865k but falling 9.9% to 11.73% annually, pointing to oversupply or weak buyer appetite. Rental yields are thin-2.82% for houses, 3.5% for units-so investors face modest income returns. Future drivers rely on steady owner-occupier turnover and road accessibility; constraints include affordability at $1.3m+, declining unit values, and rental listing pressure. No vacancy data available.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
724m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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