22 Marlock Way, Delahey VIC 3037
22 Marlock Way, Delahey VIC 3037
4-bed family house | 225m² land | built 2001 | small-lot suburban efficiency
This property is competitively positioned as a newer, low-maintenance family house on a compact 225m² lot, a configuration that is relatively rare in Delahey where larger blocks are more common. Built in 2001 with four bedrooms, two bathrooms, and three car spaces, it offers the utility of a full family home without the upkeep of a large yard. Its efficient land use makes it best suited for growing families seeking modern comfort in a suburban setting, or for investors targeting family-oriented tenants. The inclusion of multiple living zones and an undercover entertaining area adds practical appeal for everyday living.
The small land size may influence long-term value appreciation compared to properties on larger lots in the same area, as land typically drives capital growth. The property’s orientation and aspect are not confirmed, which could affect natural light and energy efficiency. Rental demand is likely steady given the family-friendly configuration, with estimated yields around 4.2% suggesting moderate returns. The absence of bushfire, flood, or heritage overlays reduces risk, but buyers should weigh the trade-off between a newer, lower-maintenance home and the potential for slower land-value growth over time.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Marlock Way, Delahey VIC 3037
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Delahey is positioned as an affordable entry point into Melbourne’s broader housing market, attracting young families and first-time buyers seeking detached homes and townhouses. Demand is driven by this value proposition, with house values demonstrating strong recent growth while the unit market has shown more varied performance. The market is active, with houses transacting relatively quickly, indicating sustained buyer interest. Future growth is underpinned by its ongoing affordability and family-oriented appeal, though the divergent performance between housing types and the limited unit supply present key considerations for prospective purchasers.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
3
Land
225m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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