202 Mcgrath Road, Wyndham Vale VIC 3024
202 Mcgrath Road, Wyndham Vale VIC 3024
Single-storey premium family home on generous Wyndham Vale lot | Four bedrooms, two living zones plus study | Upper-end spec within a growth suburb | Conflicting public records require verification
This property sits at the stronger end of Wyndham Vale’s family housing stock because it combines a near-new single-storey build with finishes like 40mm waterfall stone benchtops, 2.7-metre ceilings, ducted heating and cooling, and fully tiled bathrooms. The roughly 530-square-metre lot is larger than typical newer suburban allotments, and the inclusion of two living areas, a study, and alfresco entertaining makes it suited to owner-occupier families seeking space and quality without moving to a higher-priced corridor. The school catchment and NBN FTTP connectivity further support family demand, positioning this house as aspirational rather than entry-level within its market.
The advertised configuration of four bedrooms and two bathrooms may not be fully reliable, as public records show inconsistent counts, so a buyer should verify the actual layout during inspection. The implied gross rental yield near 3.3% is modest for the area, which may affect investment appeal but aligns with owner-occupier pricing. The property has changed hands multiple times since 2015, and while the current build appears recent, the sale history could influence a buyer’s view on achievable price growth.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 202 Mcgrath Road, Wyndham Vale VIC 3024
Market Insight:
Wyndham Vale is a master-planned, family-oriented suburb with strong demand from young families, evidenced by its demographic profile. This cohort is driving a robust owner-occupier market for houses, supported by solid sales activity and rising rental demand. Recent house price growth has been moderate, though it trails the broader metropolitan average, while the unit market remains subdued with limited activity. Future growth is underpinned by its family-friendly amenities and infrastructure, but key risks include lower relative rental yields and price growth performance compared to Melbourne.