1 Havelock Street, Wollert VIC 3750
1 Havelock Street, Wollert VIC 3750
Compact family house on a small lot | Newer estate feel in a growth corridor | Strong school catchment appeal | Likely suits first-home buyers and young families | Entry-level price point for detached housing.
The property sits within a modern residential pocket where detached family houses on compact lots are the established norm, and the immediate street pattern supports a consistent, family-oriented character. The configuration is well matched to buyers seeking a low-maintenance house with standard inclusions like built-in robes, ducted heating, and a secure garage, all within a school catchment that includes both primary and secondary options. This is a practical entry point into a growth suburb, best suited to those prioritising affordability and function over space or established character, and it carries the advantage of being part of a newer estate with modern infrastructure expectations.
Value may be shaped by the tight land size relative to suburb-wide averages, which could limit appeal for buyers wanting outdoor space or future extension options. The house’s orientation and exact floor plan might influence liveability and perceived light, while the lack of overlay constraints in the immediate area suggests a straightforward residential risk profile. Buyers should weigh the compact footprint against the benefit of a newer build, and consider how the property’s position within the estate affects privacy and street presence, as these factors could modestly influence final price.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Havelock Street, Wollert VIC 3750
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Wollert, in Melbourne’s outer north, is a family-dominated market with owner-occupiers and renters in family households driving demand. Young families and first-home buyers target affordable housing around the $700,000 median house price, while investors are drawn to unit yields of roughly 5%. House prices have grown annually between 3.6% and 6.9%, with units posting stronger growth up to 13.76%. Days on market for houses range from 42 to 82 days, suggesting a balanced market. Demand is supported by population growth, Hume Freeway access, and infrastructure upgrades in the Whittlesea growth corridor. Key constraints include affordability stretched above $700,000, increasing supply from new developments, and sensitivity to interest rate changes.
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PropCred Estimated Value
Comparable Sales: 6 Havelock Street sold at $688,000; 20 Nicastro Ave sold at $810,000 | Property Price Band: $650K–$750K | Value Drivers: Land size, build quality, school catchment access.
Bedrooms
4
Bathroom
2
Parking
2
Land
380m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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