2 Monda Avenue, Healesville VIC 3777
2 Monda Avenue, Healesville VIC 3777
Spacious block near Healesville township | Large shed for trades | Family-friendly location | Rare fully fenced allotment
This property offers a compelling combination of generous land size and functional improvements, notably the large shed, which positions it as a rare find for tradespeople or families needing workshop space. The fully fenced allotment and proximity to schools, sporting facilities, and public transport strengthen its appeal to owner-occupiers seeking convenience and privacy. The asking price reflects a clear premium over earlier automated estimates, suggesting either significant property upgrades or a broader market uplift in the Yarra Ranges area.
The key risk is the price gap between the current listing and prior valuations, which may indicate overpricing relative to recent comparable sales. Buyers should verify the property’s condition and any improvements made since 2019. The large shed and dual-cooking kitchen are practical advantages, but the property’s value ultimately hinges on how the land and location compare to other Healesville offerings. A thorough review of the Statement of Information and recent local sales is essential. Hold this property as a long-term family home or trade base, leveraging its unique workshop space and block size.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Monda Avenue, Healesville VIC 3777
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Healesville presents a mature, established market with a demographic skew towards older, outright owners and childless couples, indicating a stable, low-turnover environment. Demand is driven by this demographic seeking lifestyle and security, supported by strong auction clearance rates. Recent price trends show moderate house growth, though unit performance is mixed with longer market times. Future growth is underpinned by sustained lifestyle appeal, yet constrained by notably declining sales volumes, particularly for units, suggesting a tightening market with potential supply and liquidity pressures.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
10
Land
1206m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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