124 Holmes Road, Moonee Ponds VIC 3039
124 Holmes Road, Moonee Ponds VIC 3039
124 Holmes Road, Moonee Ponds VIC 3039 is a 3-bedroom, 2-bathroom, 2-car house on the market in the $1.1m–$1.2m range, and one listing states it was built in 1998 and last sold in 2021 for $1.25m. The property was listed for sale as a house in Moonee Ponds. The available listing data indicates a house rather than an apartment or unit, so floor level is not applicable.
3-bed family house on Holmes Rd | built 1998 in established suburb | guide below prior sale | medical and aged care close
This three-bedroom two-bathroom two-car house is located on Holmes Road in Moonee Ponds, an established inner-northern suburb. Built in 1998, it offers a more contemporary internal layout than many of the area’s older period homes, which may appeal to buyers seeking a property that requires less immediate renovation. The configuration is practical for family living or for downsizers wanting a house with dedicated parking and a single-level footprint. Its price guide sits below the amount paid in 2021, potentially indicating a realistic entry point for owner-occupiers in this part of the suburb. Nearby medical and aged care amenities on the same road add convenience for a broad demographic.
The value of this house may be influenced by its land size and the current condition of both finishes and structure, as these factors are not fully detailed in available information. If the land is generous or the interior well maintained, the property could represent fair value at the guide level. The prior sale at a higher price in 2021 might reflect a different market or property presentation, so buyers should consider how the house compares to its previous state when forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 124 Holmes Road, Moonee Ponds VIC 3039
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
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Market Insight
Moonee Ponds is a premium, high-demand suburb with a demographic skew towards affluent, younger professionals, evidenced by its strong household incomes. Demand is driven by this established resident base seeking quality housing, though recent quarterly price declines and a lower clearance rate indicate a softening market and emerging affordability pressures. Future growth is underpinned by sustained rental demand and solid yields, yet the suburb’s premium pricing relative to broader Melbourne presents a key constraint, potentially tempering buyer activity in the near term.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
183m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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