21 Bakewell Cres, Truganina VIC 3029
21 Bakewell Cres, Truganina VIC 3029
Detached family house | 4-bedroom estate standard | School-catchment certainty | Newer-growth suburb demand | Commuter-oriented location
This property sits within a consistent pocket of detached family housing, where the dominant configuration is four bedrooms, two bathrooms, and double-car accommodation on mid-sized lots around 400 square metres. That alignment with the suburb’s core buyer profile—young families and first-home upgraders seeking modern, low-maintenance living near established school zones—gives it strong competitive positioning. The confirmed catchment for Dohertys Creek P-9 College and Tarneit Senior College is a genuine advantage, as school proximity tends to sustain buyer interest and rental demand. It is best suited to a family buyer prioritising space, newer construction, and access to transport and shopping nodes over inner-urban character or walkability.
The value picture may be shaped by how the property compares on land size and presentation within its immediate estate, as many nearby houses share similar layouts and finish levels. Orientation and street position might influence perceived privacy and natural light, which can subtly affect buyer willingness to pay. The broader suburb’s reliance on road and rail commuting could matter if fuel or infrastructure pressures rise, though current demand for detached stock in this band appears steady. A buyer should weigh whether the property offers any differentiation—such as a larger block, better aspect, or upgraded interior—against the largely uniform product mix in the area.
|| Comparable Sales: 52 Sama Promenade sold $749,000; 41 Clearwater Rise Parade listed $730k–770k | Property Price Band: $700,000–$800,000 | Value Drivers: land size, layout efficiency, school catchment proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Bakewell Cres, Truganina VIC 3029
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Truganina, 22km west of Melbourne, is a family-dominated market where detached housing with mortgaged owners underpins activity. Demand comes from owner-occupiers, reflected in 863 house sales over the past year. House prices have risen 3-4% to roughly $670,000-$725,000, while units outperformed with 9-13% annual growth to $530,000-$565,000. Homes sell in 42-50 days, with unit yields near 4.8% versus 4.1% for houses. The market is liquid but softer than metro benchmarks: clearance sits at 53.6% against 77.8% metro, and 373 listings were available last month. Elevated supply and rate sensitivity among mortgaged owners remain the key constraints, while continuing turnover and stronger unit returns underpin the outlook.
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PropCred Estimated Value
Comparable Sales: 52 Sama Promenade sold $749,000; 41 Clearwater Rise Parade listed $730k–770k | Property Price Band: $700,000–$800,000 | Value Drivers: land size, layout efficiency, school catchment proximity
Bedrooms
4
Bathroom
2
Parking
2
Land
474m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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