11 Eagle Terrace, Taylors Lakes VIC 3038
11 Eagle Terrace, Taylors Lakes VIC 3038
11 Eagle Terrace is a 5-bedroom, 2-bathroom single-level house built in 2020 on a 776m² lot. It has polished timber floors, ducted heating, refrigerated cooling, a double garage with drive-through rear access, and a covered pergola.
This property is competitively strong because it offers a rare combination of a large 5-bedroom floorplan with modern 2020 construction in a suburb where most homes are older and smaller. The single-level layout, premium finishes like the Coonara fireplace and electric roller shutters, and the drive-through garage access are features that stand out from typical stock. It sits in a well-established pocket of Taylors Lakes, close to Watergardens and major transport routes, making it particularly suited to growing families who need space and professionals who want a modern home without sacrificing location. The rental yield is also attractive for an investor targeting consistent tenant demand.
Several factors might materially affect the property’s value. The large land size and 47% building coverage leave room for future extensions or a shed, which could add value but also requires council approval. Being a single-level home on a 776m² block, it may appeal less to buyers seeking a low-maintenance yard. The 2020 build means it is relatively new, so major structural issues are unlikely, but the quality of finishes like the polished timber floors should be inspected for wear. Its position on Eagle Terrace, a street with a mix of property ages, means the immediate neighbourhood character could influence buyer perception, though no disadvantages are documented. The absence of overlays suggests straightforward insurance and development potential, which supports long-term value stability.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Eagle Terrace, Taylors Lakes VIC 3038
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Taylors Lakes is a well-established, family-dominated suburb in Melbourne’s northwest growth corridor, characterised by high household incomes. Demand is driven by professionals seeking family housing, supported by steady sales volumes and competitive rental conditions for houses. Recent price trends show modest house growth, while the unit market has softened. Future growth is anchored in its established family appeal and location, though key constraints include high entry prices and sensitivity to economic factors affecting its significant mortgaged cohort.
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PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
2
Land
776m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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