13B Waranga Road, Bayswater VIC 3153
13B Waranga Road, Bayswater VIC 3153
New build 2018 | 4 bed townhouse with street frontage | low-maintenance family format | previously leased quickly
This property presents a competitively strong proposition as a modern, low-maintenance family home in a suburb dominated by older housing stock. Its 2018 construction, four-bedroom configuration, and private street frontage offer a rare combination of contemporary finishes and a house-like feel within a townhouse format, serving families seeking space without the upkeep of a larger block. The established rental demand confirms its appeal in the practical family segment.
The primary decision involves the price tension between the vendor’s asking range and higher automated estimates, representing the market’s uncertainty in valuing newer townhouses against older detached homes. The smaller lot size is a permanent trade-off for modern convenience. This property is best acquired at a price reflecting its townhouse typology, not detached house comparisons, and will perform as a durable, low-hold-cost family home.
Detailed Independent Property Report prepared by PropCred Analyst team for 13B Waranga Road, Bayswater VIC 3153
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✕
2
Execution Risk
!
1
Insight: Bayswater VIC 3153
Bayswater is an established residential suburb positioned for steady growth, driven by strong demand from young professionals and families. The housing market is robust, with solid capital growth and competitive days on market, reflecting sustained buyer interest. Future prospects are supported by its relative affordability and active sales activity, though the unit market presents a constraint, showing price volatility and weaker performance compared to houses.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
1
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst