1/20 Wells Road, Seaford VIC 3198
1/20 Wells Road, Seaford VIC 3198
2-bed front villa | own street frontage | fresh turnkey look | coastal commuter pocket | likely single-level
This front-facing villa is positioned with its own street frontage, which is seen as giving it a stronger presence and a more open outlook than internal units. Its freshly presented interior is considered turnkey, so the immediate spend on upgrades is kept minimal. The property is likely arranged on a single level, which is suitable for downsizers and those wanting low-maintenance living. It is placed in a coastal pocket of Seaford, within easy reach of the beach, village shopping, and the train station, and it is made practical for commuters and first-home buyers. The unit form is well matched to investors seeking a simple, rentable property with solid demand.
The eventual sale price may be shaped by several factors, including the bathroom count, car accommodation, land size, and building age. Convenience and appeal may be affected by these specifics, while long-term value might be influenced by redevelopment pressure along the street. The kitchen and flooring finishes may also be weighed by buyers, while the frontage position is likely a stable advantage.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/20 Wells Road, Seaford VIC 3198
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Seaford presents a dual-speed market: houses are the core driver, with families and owner-occupiers dominating demand for three-to-four-bedroom homes near the beach, Kananook Creek and the Frankston line. Median house prices sit around $885,000–$892,000, with annual growth of 4.7–6.9% and sales volume between 261 and 296 in the past year. Houses sell in as few as 16 days, indicating tight conditions. Units are more affordable at a median near $636,000–$671,000, with growth of 3.5–6.0% and yields near 4.3%, attracting investor interest. The school catchment is sound, anchored by McClelland Secondary College, rated above average. Future growth relies on coastal lifestyle, employment links to Frankston and the CBD, and steady owner-occupier demand. Risks centre on affordability: rent affordability for units ranks in the bottom 29%, while mortgage costs absorb 28.4% of income, leaving the market sensitive to rate rises.
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PropCred Estimated Value
Comparable Sales: 3/21 Wells Road sold $330,000; 9/21 Wells Road sold $415,000 | Property Price Band: $400,000–$500,000 | Value Drivers: fresh presentation, street frontage, likely single-level layout
Bedrooms
2
Bathroom
1
Parking
2
Land
169m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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