1 Montpellier Street, Healesville VIC 3777
1 Montpellier Street, Healesville VIC 3777
The property is on a large elevated block with a 4-bedroom, 3-bathroom main residence and a separate 1-bedroom dwelling, giving a rare dual-living configuration in Healesville. Renovated bathrooms and a modern kitchen are presented, and garaging and workshop spaces are provided for multiple cars and storage. This layout is well suited to families, multi-generational households, or buyers wanting income flexibility from a secondary unit. The elevated setting is known to capture mountain outlooks, and the quiet street character is seen as an advantage. Locally, this property is considered larger and more versatile than typical detached stock.
The bushfire overlay may be weighed by buyers, and the land size figures vary between records, which might affect perceived value. The secondary dwelling may carry usage or compliance considerations, and the older phone infrastructure could be a minor drawback. The verified land area and renovation quality are likely to guide the property’s market position.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Montpellier Street, Healesville VIC 3777
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Healesville, in the Yarra Valley, is positioned around Maroondah Highway access and active local agencies. Demand stems from an older cohort—39% over 55, 40% owning outright—and 43% childless couples, favouring low-maintenance housing. House median $811,500, up 4.71% annually; units $640,000, up 3.90%. Houses sell in a median 42 days; units slower at 125. Auction clearance 79.5%. Gross yields: houses 4.4%, units 4.5%. Growth drivers include Yarra Valley lifestyle and agency networks. Risks: house sales down 19.4% year-on-year; units down 56.5%; wide house price range $280k–$2.9m signals fragmentation.
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PropCred Estimated Value
Comparable Sales: 9 Montpellier Street sold at $645,000 | Property Price Band: $900K-$1.0M | Value Drivers: dual-living layout, land size, condition
Bedrooms
4
Bathroom
3
Parking
3
Land
1078m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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