13 Barnsbury Road, Wyndham Vale VIC 3024
13 Barnsbury Road, Wyndham Vale VIC 3024
The query targets 13 Barnsbury Road, but the property’s most recent and detailed data in the results pertains to 24 Barnsbury Road (3 beds, 474m²), while 13 Barnsbury Road is a 4-bedroom, 391m² house with an estimated value of $614,000 and a 2016 sale price of $557,000. The property was listed for sale as a house in Wyndham Vale.
4 bed | smaller 391m² lot | family demand | no overlays | 2016 sale price point
This property presents a competitive configuration for family buyers seeking four bedrooms in an established residential street. The 391m² lot, while not oversized, is functional for a single-level house and aligns with the typical Wyndham Vale family home. Its strength lies in the bedroom count, which appeals to growing households, and its location within a school catchment for both primary and secondary education. The property serves best as a long-term family home where internal space takes priority over land size, given the absence of environmental constraints like bushfire or flood overlays.
The smaller lot size compared to newer builds may affect its value, as buyers often pay a premium for additional outdoor space. The 2016 sale price suggests the property may not have undergone recent significant updates, which could influence its market positioning. Market conditions have shifted since that transaction, so the current estimated value reflects broader growth rather than property-specific improvements. Buyers should weigh the trade-off between a more affordable entry point for four bedrooms against the potential need for future renovations to match modern expectations.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Barnsbury Road, Wyndham Vale VIC 3024
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Wyndham Vale is a master-planned, family-oriented suburb with strong demand from young families, evidenced by its demographic profile. This cohort is driving a robust owner-occupier market for houses, supported by solid sales activity and rising rental demand. Recent house price growth has been moderate, though it trails the broader metropolitan average, while the unit market remains subdued with limited activity. Future growth is underpinned by its family-friendly amenities and infrastructure, but key risks include lower relative rental yields and price growth performance compared to Melbourne.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
391m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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