105 Tungsten Drive, Kalkallo VIC 3064
105 Tungsten Drive, Kalkallo VIC 3064
Compact new build on small block | 4-bedroom family layout | Built 2026 with modern finishes | Low-maintenance appeal for first-home buyers or investors | Smaller land size than local new stock
This property’s competitive edge lies in its brand-new construction and efficient use of a compact footprint. The 144 m² internal layout delivers four bedrooms and two bathrooms, which suits young families or investors seeking a low-maintenance house with contemporary fixtures like floorboards, air conditioning, and an alarm system. Within Kalkallo’s new-estate environment, this house offers a turnkey purchase—no renovation or upkeep concerns—positioned well for buyers prioritising convenience and modern comfort over outdoor space. The small 262 m² block keeps garden duties minimal, which appeals strongly to first-home buyers or those downsizing from larger older homes.
The land size may influence long-term value, as it sits below the typical 294–400 m² lots common on nearby streets. This might limit expansion potential or private outdoor living, though the fully fenced yard remains functional for basic needs. The recent sales history shows a low entry price, but broader market signals suggest prices for similar new houses in the area have risen considerably since. Buyers should weigh the trade-off between a smaller parcel and the benefit of owning a brand-new, efficient house in a developing suburb with growing infrastructure. Rental demand for 4/2/2 homes appears steady, offering a plausible income stream if investment is the goal.
Detailed Independent Property Report prepared by PropCred Analyst team for 105 Tungsten Drive, Kalkallo VIC 3064
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Kalkallo, 31km north of the CBD, sits in one of Melbourne’s newest growth corridors, anchored by large-scale developments. Tenant demand is firm: house rents rose 6.4% and unit rents 9.5% over the year. House prices are split across sources, with medians ranging from roughly $591,000 to $711,000 and annual growth flat to 3%. Market conditions have softened: houses take 58–90 days to sell, the auction clearance rate is 26.3–33.3% against a metro average of 77.8%, and annual sales are down 10.2%. Future growth relies on continued infrastructure and housing delivery in the corridor, while the key constraints are weak buyer confidence, drawn-out selling times, and falling clearance rates.
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PropCred Estimated Value
Comparable Sales: 34 Tungsten Drive sold $600,000; 15 Tungsten Drive sold $660,000 | Property Price Band: $600K–$700K | Value Drivers: New build condition, compact land size, modern interior finishes
Bedrooms
4
Bathroom
2
Parking
2
Land
263m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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