224 Guthridge Parade, Sale VIC 3850
224 Guthridge Parade, Sale VIC 3850
224 Guthridge Parade is a 3-bedroom, 2-bathroom single-story house with 2 car spaces. It has a 104 m² internal area on a 460 m² land parcel. The property was constructed between 2020 and 2022.
This property is competitively positioned as a modern, low-maintenance house in a residential street of Sale. Its 3-bedroom, 2-bathroom configuration is a strong fit for families or investors seeking a straightforward floor plan with no multi-level complexity. The 460 m² lot, while slightly below the street average, is sufficient for a single-story home and reduces upkeep. The absence of bushfire hazard and residential zoning under Wellington Council adds to its appeal as a safe, conventional suburban choice. The property serves best as a turnkey family home or a reliable rental investment, given its recent construction and clean slate.
The property’s value may be influenced by its smaller land size compared to neighbors, which could limit future subdivision or expansion potential. Its age as a recent build suggests modern construction standards but may not command a premium over older character homes. The lack of specified proximity to shops or transport might affect convenience for some buyers, though this is typical for the street. The estimated yield of 5.4% provides a solid rental return, but buyers should weigh this against the absence of listed amenities like pools or sheds, which could affect broader market appeal.
Detailed Independent Property Report prepared by PropCred Analyst team for 224 Guthridge Parade, Sale VIC 3850
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Sale presents a compelling profile, positioned as a professional hub with a growing, owner-occupier base. Demand is primarily driven by childless couples, attracted by its established character and professional employment base. The market has demonstrated robust capital appreciation across both houses and units, though current conditions indicate a balanced to buyer-friendly environment with ample supply. Future growth is underpinned by sustained population increase, yet a key consideration is the current market dynamic where available listings may temper short-term price pressures.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
460m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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