10 Astley Drive Strathtulloh VIC 3338
10 Astley Drive Strathtulloh VIC 3338
4-bed family home | 510sqm land in growth corridor | above-median size & finishes | no overlays | fibre-ready
This property presents a competitively strong offering for a family or investor seeking above-median scale in a planned community. Its 304sqm building on 510sqm land delivers substantial internal space and coverage rare for new suburbs, paired with quality finishes that outpace typical stock. It serves families needing room and investors targeting durable rental demand in a family-centric locale. The absence of environmental overlays removes a common approval risk.
Your decision weighs a premium price against slower suburb liquidity. The asking range sits above median, justified by its size, but you pay for growth already captured in a market averaging 68 days to sell. Secure it only at the lower spectrum of its listed range to buffer against immediate stagnation. A Propcred report validates this price against true comparable sales, clarifies locality risks like development dependency, and streamlines due diligence for insurance and final valuation.
Recent comparable sales data is limited, with the property itself last transacting as vacant land in 2014 for $160,000. This historical figure underscores the substantial developed value added since construction, but provides no direct benchmark for the current improved market. Your valuation must instead rely on current suburb medians and the premium commanded by its specific scale and condition.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Astley Drive Strathtulloh VIC 3338
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
Strathtulloh is positioned as an affordable, family-focused suburb offering relative value within the metropolitan area. Demand is driven predominantly by young families seeking entry-level housing, supported by new community amenities. Recent house price trends have been stable with modest growth, while the unit market is less established. The market shows balanced activity with moderate days on market. Future growth is linked to its affordability proposition, though a cautious outlook is noted regarding demand-supply dynamics.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
510m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!