109 Middle Street, Hadfield VIC 3046
109 Middle Street, Hadfield VIC 3046
109 Middle Street, Hadfield, is a 4-bedroom, 3-bathroom house with 4 car spaces on a 587m² block. This configuration is significantly upgraded from older records, indicating a major renovation or extension. The property sits on a competitive lot size in a highly sought-after family area.
The property’s strongest competitive edge is its upgraded bedroom and bathroom count, which is rare for the suburb’s older housing stock. The large lounge and dining area, combined with the generous 587m² block, positions it as a premium family home in a desirable location. This configuration serves buyers seeking a move-in-ready property with modern space, avoiding the need for immediate renovation. Its positioning in a sought-after area suggests strong demand from families who value both internal space and land size.
The discrepancy between historical and current listing data may indicate a recent renovation or extension, which could materially affect the property’s value if the work was completed to a high standard. The higher bedroom and bathroom count may justify a premium over older homes in the suburb, but buyers should weigh whether the current price reflects genuine market demand or speculative optimism. The lot’s size might offer future subdivision potential, depending on local zoning, which could add value but also requires careful due diligence.
Detailed Independent Property Report prepared by PropCred Analyst team for 109 Middle Street, Hadfield VIC 3046
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
✓
Market Insight
Hadfield presents as a family-oriented suburb offering relative affordability within Melbourne’s northern corridor, with a premium housing segment. Demand is anchored by owner-occupiers seeking value, supported by a tight rental market. Recent house price growth has been solid, though the market shows signs of normalising with increased selling times. Future prospects are underpinned by its established character, yet sensitivity to broader rate cycles and a cooling auction market present near-term constraints.
PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
4
Land
587m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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