22 Byron Street, Donnybrook VIC 3064

22 Byron Street, Donnybrook VIC 3064
4-bed family house | compact modern lot | Donnybrook estate | recent build | rental appeal This four-bedroom, two-bathroom house sits on a compact modern lot in Donnybrook’s newer estate stock. Its configuration is typical of the area’s family housing, but it is distinguished by low-maintenance living, recent construction, and easy access to Donnybrook Station and the Hume Freeway. The property is well suited to first-home buyers, young families, and investors seeking reliable rental demand. The open-plan layout and modern finishes are expected to appeal to those who prioritise convenience over established character. The property’s value may be influenced by its exact land size and internal presentation, which are not yet fully verified. Buyers should weigh the compact yard against the benefit of lower upkeep. Future school zoning and ongoing estate development might affect long-term appeal. The balance of growth and rental yield appears moderate, so price expectations should be formed cautiously. >> Comparable Sales: 19 Byron Street sold for $845,000 | Property Price Band: $700,000–$800,000 | Value Drivers: condition, land size, station proximity
Detailed Independent Property Report prepared  by PropCred Analyst team for 22 Byron Street, Donnybrook VIC 3064
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk 2
Income Risk
Execution Risk ! 1
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Market Insight

Donnybrook, 34km northeast of the CBD, is a semi-rural suburb attracting family-oriented buyers after spacious homes, with first-home buyer packages also in play. House prices are effectively stagnant: the median sits at $651,100 with annual growth of 0.02%, and houses average 61 days on market. Sales volume remains healthy at 452 per year, while rental demand is firm-vacancy is 2.58%, weekly house rent is $500, and gross yields reach 3.91% for houses and 4.52% for units. Rental income runs 16.1% above Greater Melbourne’s average. The key constraint is rate sensitivity: auction clearance is weak at 25–27.4%, and supply is ample with 551 properties listed, which will likely cap price gains despite steady turnover and infrastructure support for family living.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

-

Land

392m²

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