17 Hayfield Road, Roxburgh Park VIC 3064
17 Hayfield Road, Roxburgh Park VIC 3064
3-bed family house|established Roxburgh Park pocket|stable street tenure|double garage|3-bed vs 4-bed competition
It is situated in an established family-oriented suburb where stable street tenure is a notable feature. The two-bathroom and double-garage configuration is considered practical for smaller households or those entering the market without requiring expansive space. The property is positioned within a residential environment that is dominated by larger family homes, making it a milder alternative that may appeal to buyers prioritising manageability over sheer size. It is best suited as a comfortable owner-occupied home for a young family or a downsizer seeking single-level convenience with room to adapt.
The property’s value might be affected by how its three-bedroom layout is perceived against the prevalent four-bedroom stock in the immediate area. Internal condition and presentation are likely to play a decisive role, as are the dimensions and usability of the outdoor space. Attention may also be given to the holding period and street track record, though consistent demand is seen in the suburb, which provides a supportive backdrop.
Detailed Independent Property Report prepared by PropCred Analyst team for 17 Hayfield Road, Roxburgh Park VIC 3064
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Roxburgh Park is a family-oriented northern Melbourne suburb, with a 10.6% population rise since 2016 and a dominant 10-19 age cohort. Demand is driven by professionals and trades on rising household incomes, with auction clearance for houses at 83.3%, up 23.6% year-on-year. Median house prices range $700,000-$715,000, growing 6.06%-7.7% annually; units have outperformed, up 15.1%-19.8% to about $500,000. Houses now sell in a median 33 days, 25% faster than last year, while gross rental yields sit at 4.64%-4.98% for houses and 5.1% for units. Future momentum rests on robust demographic and income growth, but unit sales fell 36.4% year-on-year and house sales growth has swung from -3.08% to +6.87% recently, flagging supply and affordability constraints.
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PropCred Estimated Value
Comparable Sales: 9 Hayfield Road sold for $830,000 and 35 Hayfield Road sold for $689,000 | Property Price Band: $700,000–$800,000 | Value Drivers: internal condition, usable land size, presentation
Bedrooms
4
Bathroom
2
Parking
2
Land
480m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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