20 Glenard Avenue, Strathtulloh VIC 3338
20 Glenard Avenue, Strathtulloh VIC 3338
High-end double-storey design | Smaller 192m² lot | Growth suburb positioning | Modern family appeal
This property presents a distinct, high-specification home within a growth corridor, offering a premium finish level that is uncommon for the immediate area. Its double-storey layout and described luxury features create a product that stands apart from typical Strathtulloh stock, which generally consists of more standard builds on larger blocks. This house is best suited for a buyer prioritising contemporary design and modern living spaces over land size, effectively trading square metres for perceived quality and style.
The primary commercial consideration is the significant lot size compromise against suburb norms, which may constrain future capital growth relative to larger-land properties and limit outdoor utility. The estimated value appears to align this premium build with the price of standard homes on larger lots, suggesting the design premium may already be priced in. Proceed only if the specific modern amenity outweighs the inherent land value deficit in this market; it is a lifestyle purchase within a growth area, not a land banking opportunity.
Recent sales context indicates nearby properties on lots around 400m² command values approaching $680k. This house, on a lot less than half that size, must derive its value almost entirely from the building structure. This underscores the premium being asked for the high-end finish.
Detailed Independent Property Report prepared by PropCred Analyst team for 20 Glenard Avenue, Strathtulloh VIC 3338
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Strathtulloh is positioned as an affordable, family-focused suburb offering relative value within the metropolitan area. Demand is driven predominantly by young families seeking entry-level housing, supported by new community amenities. Recent house price trends have been stable with modest growth, while the unit market is less established. The market shows balanced activity with moderate days on market. Future growth is linked to its affordability proposition, though a cautious outlook is noted regarding demand-supply dynamics.
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PropCred Estimated Value
Bedrooms
Bathroom
Parking
2
Land
192m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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