29 Cotter Way, Truganina VIC 3029

29 Cotter Way, Truganina VIC 3029
New 2024 build | 4 bed 2 bath | 350m² lot | Fibre & 5G | Bushfire overlay This property presents a strong entry into a master-planned growth corridor, offering modern construction with immediate connectivity advantages. Its 2024 completion date eliminates near-term maintenance liabilities, while the fibre and 5G infrastructure supports both contemporary living and remote work needs. This house is ideally positioned for a first-home buyer or an investor seeking a new, low-maintenance property in an area slated for future amenity development, with its rental history demonstrating established tenant demand. The primary consideration is the bushfire overlay, which may impose specific construction standards and potentially increase insurance premiums, a recurring cost. The estate’s future value is heavily tied to the delivery of the promised town centre, introducing a speculative element. Given the tight indicative price range against recent sales, this property should be approached as a long-term hold; its current premium is for newness and infrastructure, with capital growth contingent on the area’s maturation. Immediate rental yields appear stable. Recent sales in Truganina show 4-bedroom houses transacting within the $680,000 to $720,000 range, aligning directly with this listing’s asking price. The property’s last sale at $332,100 in 2021 indicates significant land value appreciation prior to construction. This sales context confirms the asking price is market-consistent, but leaves little margin for negotiation without superior condition or location.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Truganina is a family-oriented suburb with strong owner-occupier demand, evidenced by high sales activity. Recent price growth has been solid, particularly for units, though the market is less competitive than metropolitan averages, indicated by a lower clearance rate. Future growth is underpinned by its established residential character, while the primary constraint is the current higher level of available supply relative to buyer demand.

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

350m²

Built

Recent Assessments