11B Urquhart Street, Woodend VIC 3442
11B Urquhart Street, Woodend VIC 3442
3 bed 2 bath layout | secondary lot likely | family-oriented town | mid-range price point | established residential setting
A solid family-oriented configuration is presented, well suited to owner-occupiers seeking a low-maintenance home in a country-town setting. The presence of two bathrooms and two car spaces is considered an edge over older housing stock, and the secondary-lot position is likely to deliver greater privacy and reduced street noise. This property is viewed as a practical purchase for young families, downsizers, or Melbourne escapees wanting a relaxed lifestyle without sacrificing basic modern comforts.
The final value may be shaped by the actual land size and title structure, which are not yet confirmed. The condition of the kitchen, bathrooms, and outdoor areas might influence the competitive nature of the price. Orientation and solar access could affect daily comfort and long-term appeal. A close inspection is recommended.
>> Comparable Sales: 30 Morris Road (sold $815,000) and 24 Manifold Road (sold $735,000) | Property Price Band: $0.8M-$0.9M | Value Drivers: layout, land size, condition
Detailed Independent Property Report prepared by PropCred Analyst team for 11B Urquhart Street, Woodend VIC 3442
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Woodend, near Gisborne and Mount Macedon, is an acreage-oriented market where houses dominate at 91% of stock and listings often span 1–5.9ha. Demand leans on owner-occupiers: 44% own outright and 44% hold mortgages, with household incomes 10.7% above Greater Melbourne. Median house prices range from $930,000 (+7.3%) to $1.05m (+10.0%) over 12 months, and quarterly growth hit 6.29%. Units sit at $660,000 with 5.1% annual growth. Houses trade in 73–78 days with 94–126 annual sales. Gross rental yields are modest at 3.3–3.4%, and weekly house rents reach $675. Prices outperform regional Victoria’s $643,000 median. Supply is tight-just three rentals last month. But conditions are cooling: auction clearance fell 6.3 points to 50%, days on market rose 32.7%, and unit sales dropped 20%-signs of rate sensitivity and softening demand.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
465m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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