19 Wigmore Street, Derrimut VIC 3026

4-bed family home | 299m² build on 554m² | 2008 construction | FTTP and 5G ready This property offers a rare configuration advantage in Derrimut: a full four-bedroom, two-bathroom layout on a 554m² block with a 299m² building footprint, giving it a 54% site coverage that is unusually efficient for the suburb. Built in 2008, it avoids the compromises of older stock or smaller new builds, and the double garage with off-street parking for two cars adds genuine utility for a family. The absence of flood, bushfire, or heritage overlays reduces due diligence friction, and the FTTP connection supports remote work without being a primary value driver. This house is best suited to a buyer seeking a low-maintenance, move-in-ready family home in a corridor with steady owner-occupier demand, not speculative flipping. The key risk is pricing: the $890k–$960k list range sits above the median estimate of $906k, and the street has no recent sales to validate momentum. The 2017 purchase at $555k shows capital growth has been moderate, and the rental estimate of $650pw implies a gross yield of roughly 3.5% at the list price, which is below institutional thresholds. However, the zoning for Derrimut Primary and Victoria University Secondary College adds schooling stability, and the 2008 build means major structural items are still within their service life. Hold this property for at least seven years to recover transaction costs and capture incremental land value appreciation in a corridor that benefits from Melbourne’s western growth.