104 Morell Street, Glenroy VIC 3046

104 Morell Street, Glenroy VIC 3046
4 bed family home | solar heated pool | 646sqm block | Glenroy growth corridor This property offers a rare combination of generous land size and a resort style pool setup within a suburb that is seeing steady capital growth. The 316sqm building footprint with two living zones and a study provides genuine flexibility for a growing family, while the solar heating, panels and modern security features reduce ongoing costs and appeal to discerning buyers. The master suite with dual basins and heat lamps positions this house above typical Glenroy stock, making it a strong option for families seeking long term hold potential in the Merri-bek area. The main risk is the 49% site coverage which limits future extension options without planning approval, and the auction format on 30 May means buyers must be prepared to compete. The 5 day market time suggests limited exposure so far, and the 54% clearance rate in Glenroy indicates some buyer caution. However the school proximity to Belle Vue Park Primary within walking distance and the absence of overlay restrictions strengthen the case. This property should be held as a family home with potential for rental yield of around 3.9% if circumstances change.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 104 Morell Street, Glenroy VIC 3046
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Market Insight:

Glenroy is a well-connected northern suburb experiencing steady demand from both families and investors, drawn by its mix of established and new housing, strong transport links, and proximity to the city and airport. The market shows solid growth, with houses and units appreciating at a healthy pace, supported by consistent sales volume and competitive days on market. Future demand is underpinned by its established infrastructure and evolving residential appeal, though its ongoing growth is subject to broader economic conditions influencing buyer sentiment.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

646mยฒ

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