123 Catherine Drive, Hillside VIC 3037

123 Catherine Drive, Hillside VIC 3037
4-bed family home | quiet Hillside pocket | low-maintenance 179sqm | no bushfire risk This property offers a rare combination of practical size and low upkeep on a standard 487sqm lot, making it one of the more efficient floor plans in the immediate area. The four-bedroom, two-bathroom configuration with two car spaces suits families who value function over excess, and the 84% owner-occupier profile in Hillside suggests stable demand and limited rental turnover risk. The absence of bushfire overlay reduces insurance and compliance concerns, which is increasingly valued by cautious buyers. The main risk is the lack of scarcity in comparable listings nearby, including a larger five-bedroom property on the same street, which may stretch sale timelines if pricing is not disciplined. Buyers should note that internal space at 179sqm is competitive but not generous for four bedrooms, meaning room proportions may feel tighter than expected. The opportunity lies in negotiating below the upper asking range, given the November 2022 sale at $750,000 provides a clear recent benchmark. Hold this property as a long-term family home where low maintenance and solid location outweigh speculative growth.

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

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Market Insight:

Hillside is a family-dominated suburb in Melbourne’s outer west, positioned as an affordable entry point for established homes. Demand is driven by families seeking larger houses, supported by steady sales volumes and solid rental demand. Recent price growth has been moderate for houses but stronger for the limited unit segment, with the market characterised by brisk selling conditions. Future growth is underpinned by its relative affordability and established community, though constraints include price sensitivity and a low supply of units.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

487mยฒ

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