23 Mulloway Drive, Point Cook VIC 3030

23 Mulloway Drive, Point Cook VIC 3030
Modern 4/2/2 house | 2017 build | 392m² block | 150m² living | strong rental demand A competitively strong configuration is presented by this 2017-built house, with four bedrooms, two bathrooms, and a double garage arranged over a practical 150 square metres. A walk-in robe and full ensuite are included in the master suite, and a formal lounge is provided for flexible family use. Ducted heating, air conditioning, and stainless steel appliances are fitted, and a settled character is given by established gardens. The house is well placed within Point Cook’s newer family stock, and it is best suited to first-time upgraders or investors seeking a functional, low-maintenance property in a school-zoned growth area. The 2017 build and established gardens may lower upkeep, while the 392-square-metre lot might limit expansion. The practical layout and double garage may appeal to families, and strong rental demand exists for four-bedroom houses. Pricing may be influenced by interior finish versus newer builds, though settled presentation retains broad value.
Detailed Independent Property Report prepared  by PropCred Analyst team for 23 Mulloway Drive, Point Cook VIC 3030
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk ! 1
Income Risk
Execution Risk 2
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Market Insight

Point Cook is a western Melbourne suburb with a split market: houses trade around $830,000 after 7.9% annual growth, while units sit at $601,000 with 5.75% growth and a 4.49% rental yield. Investor interest dominates, and properties sell faster than in nearby suburbs like Truganina, with houses averaging 31 days on market. High household incomes support demand. Future drivers include the $25 million Town Centre redevelopment and the Williams Landing transit-oriented hub, due by 2025. Risks are visible: one dataset shows median house prices down 12.6% year-on-year, days on market up 10.3%, and auction clearance at 47.7%, pointing to rate sensitivity even as long-run growth remains positive.
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PropCred Estimated Value

Comparable Sales: 77 Mulloway Drive sold $725K; 83 Mulloway Drive sold $680K | Property Price Band: $700K–$800K | Value Drivers: modern condition, functional layout, established gardens

Bedrooms

4

Bathroom

2

Parking

2

Land

392m²

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