12 Wentworth Drive, Taylors Lakes VIC 3038
12 Wentworth Drive, Taylors Lakes VIC 3038
5-bed family home | single-level convenience | 762mΒ² block | positioned for family living | larger than nearby townhouses
This property presents a distinct proposition within its immediate streetscape, offering a substantially larger home on a significantly larger parcel than the prevailing stock of three-bedroom townhouses and terraces. The five-bedroom, single-level configuration with multiple living zones is competitively strong for the family buyer segment, a rarity in this pocket of Wentworth Drive where smaller, attached dwellings dominate. Its generous proportions on a 762 square metre block provide immediate scarcity value, serving a buyer seeking space and single-storey convenience without compromising on suburban positioning. This house capitalises on a clear configuration edge, best suited for an owner-occupier family prioritising internal space and land over contemporary finishes, which remain unspecified.
Your decision hinges on valuing this size premium against the area’s established price points for smaller homes, accepting the risk of limited direct sales comparables for a five-bedroom home on this street. The commercial opportunity lies in securing a disproportionately large allotment in a locale where newer stock is predominantly sub-divided; the cost is the absence of recent, like-for-like sales to anchor its precise market value. Proceed with an offer calibrated from the upper bounds of recent townhouse sales, applying a material premium for the land area and bedroom count, but hold with a long-term perspective as the area’s character evolves.
Recent sales on Wentworth Drive demonstrate a consistent price range for three-bedroom attached dwellings:
– 25 Wentworth Dr: Sold $611,000 (3 bed, 2 bath, 2 car, 291mΒ²) in Dec 2025.
– 25 Wentworth Dr: Sold $590,000 (3 bed, 2 bath, 2 car, 160mΒ²) in Nov 2025.
– Another on Wentworth Dr: Sold $618,000 (3 bed, 2 bath, 2 car, 131mΒ²) in Oct 2025.
This establishes a clear value baseline from which the subject property must command a significant premium for its two additional bedrooms, single-level format, and land area more than double the largest of these comparables.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
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.