147 Halletts Way, Darley VIC 3340
147 Halletts Way, Darley VIC 3340
Large 3067 m² block | 386 m² house | Pool and solar fitted | Bushfire overlay applies | Family-focused Darley
Land on this scale is rarely found within a residential setting, and a 386 m² house with pool, solar, and three bathrooms is a strong family combination. Only 13% of the allotment is covered by the building, so substantial outdoor space is preserved for future extension, shedding, or landscaping. This property is best suited to buyers seeking a semi-acreage lifestyle without leaving a serviced residential area. The low building coverage and large rear yard are competitive strengths that are seldom matched in standard suburban stock. This is positioned as a long-term family holding rather than an entry-level purchase.
Insurance premiums and future building work may be affected by the bushfire overlay. Flood and heritage overlays are not recorded, so those risks are reduced. Subdivision potential might be sought by some buyers, subject to council policy. Lifestyle value is added by the pool, though maintenance costs are carried. Interior condition and build age may substantially influence final price.
Detailed Independent Property Report prepared by PropCred Analyst team for 147 Halletts Way, Darley VIC 3340
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Darley presents as a mid-priced Victorian market, with house medians spanning $620k–$670k across sources and units at $390k–$455k. Buyer demand centres on investors drawn to gross yields of 4.2% for houses and 5.2–5.3% for units, supported by annual sales volumes near 180–190 houses. House prices have been volatile: recent 12-month growth ranges from –8.8% to +1.56%, while unit prices show firmer momentum at 6.7–10% annually. Median days on market for houses vary from 48 to 90 days, indicating inconsistent absorption. Future growth relies on continued rental demand, with house rents around $420–$480 and units near $400–$415, but affordability constraints and rate sensitivity remain key risks given divergent price signals and thin sales data.
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PropCred Estimated Value
Comparable Sales: 126A Halletts Way (2000 m² land) and 152 Halletts Way (sold Dec 2024) | Property Price Band: $1.1M-$1.2M | Value Drivers: land size, pool, low building coverage
Bedrooms
3
Bathroom
2
Parking
2
Land
1203m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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