1/69 Timele Drive, Hillside VIC 3037
1/69 Timele Drive, Hillside VIC 3037
3-bed unit in Hillside | compact family layout | rental demand evident at $470/week | 1-car strata offering
This property occupies a less common niche in Hillside’s largely detached-house market. Its three-bedroom unit configuration offers lower-maintenance living while still providing space for a small family, first-home buyers, or downsizers seeking suburban amenity without the land burden. The rental presence at $470 per week signals consistent tenant interest for this bedroom count, and the unit format typically appeals to those prioritising affordability and convenience over land area. It is best suited to buyers who value a practical floor plan and reduced upkeep over the larger landholdings typical of the suburb.
The single car space may be a constraint for households with multiple vehicles, and the lack of verified interior finish or building age means condition cannot be assumed from listing data alone. Shared land and strata-style ownership may limit future extension potential and affect resale appeal compared to detached houses. Rental yield calculations would require a confirmed purchase price, but the weekly rent figure suggests moderate income potential if acquisition cost aligns with market expectations for similar units.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/69 Timele Drive, Hillside VIC 3037
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Hillside is a family-dominated suburb in Melbourne’s outer west, positioned as an affordable entry point for established homes. Demand is driven by families seeking larger houses, supported by steady sales volumes and solid rental demand. Recent price growth has been moderate for houses but stronger for the limited unit segment, with the market characterised by brisk selling conditions. Future growth is underpinned by its relative affordability and established community, though constraints include price sensitivity and a low supply of units.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
256m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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