1/1A Thorogood Court, Taylors Lakes VIC 3038
1/1A Thorogood Court, Taylors Lakes VIC 3038
3-bed townhouse on 259sqm | securely leased until 2027 | family-oriented configuration | low-maintenance investment appeal
This townhouse is competitively positioned within Taylors Lakes as a larger, more house-like attached dwelling, distinguished by its 259sqm land area and two-car parking which is less common in this format. The three-bedroom, two-bathroom layout serves family buyers seeking a low-maintenance alternative to a detached home, while the secure lease to April 2027 at $2,302 per month makes it equally suitable for investors. Its court location suggests a quiet setting, and the configuration sits toward the upper end of what the suburb’s townhouse stock typically offers, giving it broader buyer appeal than a standard unit.
The implied gross yield of roughly 4.1% to 4.4% may be considered moderate for the suburb, though the longer lease term could reduce vacancy risk for an investor. The absence of confirmed internal finishes or aspect means the property’s condition and orientation might influence its final value more than the land size alone. Buyers should verify school catchments and any zoning constraints directly, as these factors could affect both livability and future demand.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/1A Thorogood Court, Taylors Lakes VIC 3038
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✓
Execution Risk
✓
Insight: Taylors Lakes VIC 3038
Taylors Lakes is a well-established, family-dominated suburb in Melbourne’s northwest growth corridor, characterised by high household incomes. Demand is driven by professionals seeking family housing, supported by steady sales volumes and competitive rental conditions for houses. Recent price trends show modest house growth, while the unit market has softened. Future growth is anchored in its established family appeal and location, though key constraints include high entry prices and sensitivity to economic factors affecting its significant mortgaged cohort.
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
259m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst