3/62 Sutherland Street, Kilmore VIC 3764
3/62 Sutherland Street, Kilmore VIC 3764
3-bed townhouse | Kilmore primary catchment | 1-day market speed | Assumption College proximity
This property presents a competitively priced entry into a stable family catchment, underscored by its immediate market engagement. The configuration suits a first-home buyer or downsizer seeking low-maintenance living within walking distance of established schools, with the lot size offering atypical space for a unit format. Its rapid listing turn indicates a priced-to-sell position in a segment where average marketing periods are significantly longer.
The primary risk is market opacity, with no recent comparable sales to anchor its value beyond broad estimates, leaving the buyer exposed to appraisal variance. The absence of data on building condition and strata overheads necessitates stringent due diligence. Proceed with an offer anchored to the lower quartile of the valuation range, positioning this as a long-term hold to mitigate the suburb’s auction volatility. Its utility is as a primary residence capitalizing on location, not a short-turn trade.
Kilmore’s 3-bedroom unit segment shows 17 sales this year averaging 45 days on market, with a recent example at $435,000. This context suggests the listed price guide aligns with achieved market outcomes, though the 0% auction clearance rate indicates private treaty is the effective mechanism for sale.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/62 Sutherland Street, Kilmore VIC 3764
Checks found:
Value Risk
✓
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✓
Insight: Kilmore VIC 3764
Kilmore presents as a stable, family-oriented suburb with a strong owner-occupier presence, primarily attracting trades-based households. Demand is driven by these established families, contributing to a steady market where house prices show modest recent growth while units demonstrate stronger capital appreciation. The rental market offers solid yields, particularly for units, indicating sustained investor interest. Future growth will likely hinge on its appeal to family buyers, though broader economic conditions remain a key consideration for affordability.
PropCred Estimated Value
Bedrooms
Bathroom
Parking
1
Land
308m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst