22 Surveyor Street, Wyndham Vale VIC 3024
22 Surveyor Street, Wyndham Vale VIC 3024
Second living zone | dedicated study | compact 330sqm | Wyndham Vale growth corridor | possible bushfire overlay
This house’s competitive edge lies in its internal layout: a second living area and separate study are unusual on a 330sqm block, giving buyers flexibility for family or remote work without upgrading to a larger property. The low-maintenance land, school catchment, and modern finishes align it with first-home buyer and investor demand in a growth suburb where functional floorplans transact quickly. FTTP is a supporting factor.
The flagged bushfire overlay is the primary risk, needing verification as it could raise insurance costs and narrow buyer interest. Value estimates hold in the high $500k range, supported by the 2021 sale at 475k, indicating steady growth. The study and extra living zone improve rental appeal. Hold for capital appreciation in this corridor or lease for passive income.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Surveyor Street, Wyndham Vale VIC 3024
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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.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
330m²
Assessments Delivered Today
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