239-241 Tindals Road, Warrandyte VIC 3113
239-241 Tindals Road, Warrandyte VIC 3113
Large acreage with secure views | 4-6 bedrooms on 4,030mΒ² | 5-car garage | Recent superior build | Bushfire overlay
This property presents a rare combination of a substantial, recently built residence on a large, elevated parcel with secure, private acreage living. The 4,030mΒ² land size significantly exceeds typical suburban lots in Warrandyte, offering a genuine rural lifestyle within a metropolitan council. The house itself, built to a superior standard with extensive garage parking for five vehicles, serves a buyer seeking a permanent family compound or a premium lifestyle purchase where space and quality are non-negotiable. Its configuration, with either four or six bedrooms, provides flexibility for multi-generational living or dedicated home-office spaces, positioning it above the common stock in both utility and finish.
The primary decision point is the price variance reflected in the broad indicative range, which suggests market uncertainty in precisely valuing its unique attributes against the bushfire overlay. This overlay imposes ongoing compliance costs and may limit future expansion. The opportunity lies in acquiring a modern, low-maintenance property on land that has appreciated significantly, as evidenced by comparable sales. Recent sales on Tindals Road demonstrate strong upward momentum for premium parcels, with a 5-bedroom property on similar land selling for $3.4 million just two months ago. This property, with its newer build and greater parking, is competitively positioned within that upper tier. The commercial logic is to secure a turn-key holding in a tightly held street where land value is the dominant driver; it is a buy-and-hold proposition for a long-term owner, not a short-term trade.
Recent comparable sales on Tindals Road establish a clear value benchmark:
– 51 days ago: 5 bed, 2 bath, 2 car on 4,001mΒ² sold for $3,400,000.
– 303-305 Tindals Rd: 4 bed, 3 bath, 4 car sold for $2,850,000 in December 2024.
– 251-255 Tindals Rd: 3 bed, 2 bath, 2 car sold for $2,538,888 in March 2025.
– 269 Tindals Rd: 5 bed, 4 bath, 6 car sold for $2,170,000 in February 2022.
This trajectory confirms the premium commanded for larger land holdings and supports an indicative value toward the upper end of the quoted range.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Warrandyte is a tightly held, high-ownership suburb in Melbourne’s outer east, appealing to established families seeking a semi-rural lifestyle. Demand is driven by these owner-occupiers, attracted by larger lots and proximity to natural amenities. Recent price trends have been mixed, reflecting a market sensitive to broader cycles, with conditions characterised by low sales volume indicating constrained supply. Future growth is underpinned by consistent family demand and limited stock, though high price points and market volatility present ongoing affordability and sensitivity constraints.