192 Derby Street, Pascoe Vale VIC 3044

192 Derby Street, Pascoe Vale VIC 3044
3 bedroom, 1 bathroom, single level mid-century brick house on 448sqm. 110sqm of internal living with polished hardwood floors and expansive windows. Single car parking. Refreshed condition throughout. This property sits firmly within Pascoe Vale’s established mid-century housing stock but distinguishes itself through its refreshed condition and quality finishes. The polished hardwood floors and neutral interior tones are not common in unrenovated examples of this era, and the generous frontage with mature gardens gives it strong street appeal. For a family seeking a move-in ready home in a tightly held leafy suburb 9km from the city, this house offers a rare combination of solid mid-century bones and contemporary comfort. It serves best buyers who value location, natural light, and a home that requires no immediate work. The single parking space may be a limitation for households with multiple vehicles, and while the property is refreshed, its mid-century construction may still require ongoing maintenance that newer builds would not. Proximity to the Tullamarine Freeway could introduce traffic noise for some residents, though this is typical for the area. The 448sqm lot is standard for the suburb but not oversized, so buyers should weigh whether the land size meets their long term needs. These factors may influence how the property is valued relative to other options in the immediate market.
Detailed Independent Property Report prepared  by PropCred Analyst team for 192 Derby Street, Pascoe Vale VIC 3044
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk 2
Income Risk
Execution Risk
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Market Insight

Pascoe Vale is a well-established, professionally-oriented suburb offering balanced urban living with strong transport links. Demand is driven by local professionals seeking family-friendly amenity, reflected in robust sales activity and high auction clearance rates. The market demonstrates solid annual growth for houses, though recent quarterly data suggests a stabilising trend, with units offering more stable, modest appreciation. Future growth is supported by its established appeal and convenient location, while key considerations include lower rental yields compared to the broader metro area and sensitivity to broader market conditions.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

448m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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