152 Vearings Road, Wollert VIC 3750

152 Vearings Road, Wollert VIC 3750
3 bed townhouse | 140mยฒ lot | parkland outlook | auction 16 May A townhouse on a compact 140mยฒ lot that overlooks parkland and offers a rare configuration edge for Wollertโ€”three bedrooms, two bathrooms, and up to four parking spaces in a market where most townhouses squeeze into two. The property sits on a quiet road with no overlays, zoned for Barrawang Primary within walking distance, and benefits from Opticomm fibre and 5G coverage, though these are secondary to the location’s practical appeal. This suits a first-home buyer or investor targeting the lower end of the market, where the auction guide sits below the suburb’s median for three-bedroom houses, and the rental yield of $525 per week suggests reasonable demand. The primary risk is the small land size, which limits future capital growth compared to larger blocks in the area, and the property’s historyโ€”last sold for $120,474 in 2017โ€”may raise questions about condition or past improvements. However, the auction format and recent video tours indicate motivated selling, and the parkland frontage provides a positional advantage that can’t be replicated. Hold for rental income or as a starter home; sell only if the market moves above $660,000.

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

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Market Insight:

Wollert is a high-growth family suburb in Melbourne’s outer north, positioned as an affordable entry point with strong transport links. Demand is driven by young families and first home buyers seeking larger homes, supported by steady rental yields attracting investors. Recent price growth reflects this sustained demand, with a balanced sales market. Future growth is underpinned by ongoing infrastructure development and population influx, though increasing supply and sensitivity to interest rates present moderating influences on price appreciation.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

140mยฒ

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