136 Wallace Road, Wantirna South VIC 3152

136 Wallace Road, Wantirna South VIC 3152
4 bed family home | 1995 build on 629mΒ² | no overlays | 5G & primary school catchment This property presents a competitively strong, low-risk family home in a established suburban setting. Its four-bedroom, three-bathroom configuration is rare for the area and offers immediate functional utility, best serving an owner-occupier seeking space and convenience. The absence of development or environmental overlays simplifies due diligence, while its position within the Wantirna South Primary School catchment anchors its appeal to a stable buyer pool. The inconsistencies in reported bedroom count and land size, however, introduce valuation risk. A buyer must physically verify the layout and obtain a definitive survey, as purchasing on incorrect assumptions directly erodes equity. The commercial logic is to secure a long-term hold, leveraging its scarcity as a larger-format house on a standard block to outperform narrower offerings in the same suburb. Proceed only after reconciling the floor plan with council records. The nearby listing at 58 Wallace Road, asking $1.28-$1.38 million for a 4-bedroom home on a larger 717mΒ² block, provides a direct benchmark. This suggests the subject property’s estimated value range is appropriately positioned, with its premium likely tied to the additional bathroom.

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

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Market Insight:

Wantirna South is a thriving, well-established family suburb positioned as a premier eastern corridor destination, underpinned by significant infrastructure investment and excellent schooling. Demand is driven by families and professionals seeking spacious homes in quiet, sought-after estates like Regency Park, close to amenities. The housing market demonstrates solid growth and competitive auction conditions, while the unit segment faces headwinds. Future growth is supported by ongoing infrastructure upgrades and a tight sales market, though sensitivity to interest rates and a divergence between house and unit performance present key considerations.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

2

Land

642mΒ²

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