18 Mulberry Walk, Wantirna South VIC 3152
18 Mulberry Walk, Wantirna South VIC 3152
Townhouse in low-density walk | 3 bed with 2 car garage | No overlays | Zoned for sought-after schools
This townhouse presents a competitively strong offering due to its configuration and location. Its three-bedroom, two-bathroom layout with a double garage is rare for a property on a 241m² lot, providing functional density without the typical compromise on car accommodation. Its position within the catchment for high-demand government schools, combined with the absence of development overlays, creates a low-friction proposition ideal for an owner-occupier seeking entry into the Knox Gardens precinct or an investor targeting stable family tenancies.
The primary risk is the compressed land size against the suburb’s typical housing stock, which may cap long-term capital growth relative to standard lots. However, the current pricing reflects this, and the property’s efficient footprint supports strong rental yield. The commercial logic favours a buy-and-hold strategy, leveraging its rental appeal and school catchment to maintain occupancy. Acquire for long-term holding, either as a principal residence or an investment, but do not expect premium land value escalation.
Detailed Independent Property Report prepared by PropCred Analyst team for 18 Mulberry Walk, Wantirna South VIC 3152
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
2
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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
3
Bathroom
2
Parking
2
Land
241m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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