11 Tullimbar Circuit, Vermont South VIC 3133

11 Tullimbar Circuit, Vermont South VIC 3133
Four-bed family home | 668mΒ² elevated block | 46% building coverage | dual school zones | 5G coverage. This property presents a competitively strong offering for a family seeking space and utility on a single level. The 668-square-metre parcel with only 46% building coverage is rare in this suburb, providing significant outdoor area and future flexibility that newer subdivisions lack. The combination of a 306-square-metre floor plan, including a rumpus room and multiple living zones, with three carport spaces addresses the core demands of the growing family market. Its position within the zones for Weeden Heights Primary and Forest Hill College institutionalizes its appeal, creating a durable demand profile from a specific buyer segment. The absence of bushfire or heritage overlays simplifies the ownership proposition. Proceed with the understanding that the indicative price range reflects a premium for the land component and school zoning. The primary risk mechanism is the carport configuration versus a secured garage, which may impact financing and resale to a portion of the market. The opportunity lies in the under-utilised land; capital improvement through landscaping or structural addition to the outdoor entertainment area would have clear commercial logic. The judgment is that this property is a hold for seven to ten years to realise the full value of its land size and location, making it unsuitable for a short-term investment horizon. A direct comparison with the neighbouring property at 13 Tullimbar Circuit, estimated at $1.36 million, suggests this listing’s premium is justified by its larger land size, greater building area, and the value of its specific positioning.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Vermont South is a firmly established, family-oriented suburb with high owner-occupancy, appealing to professionals seeking stability. Demand is driven by this demographic, supported by consistent rental activity. Recent price trends for houses show modest stability, while the unit market exhibits greater volatility with softer conditions. Future growth is underpinned by strong underlying sales volumes, though risks include a notable cooling in unit demand and extended selling periods for that segment.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

3

Land

668mΒ²

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat