24 Altar Street, Truganina VIC 3029

24 Altar Street, Truganina VIC 3029
Brand new 4-bedroom Mt Atkinson house | 376mยฒ lot with modern finishes | Strong suburb growth 3.6% | No heritage or flood risks This property offers a rare combination of a brand-new build and a competitive price point in an emerging corridor with 3.6% suburb growth. The 376mยฒ lot is efficient yet generous for a four-bedroom, three-bathroom configuration, making it ideal for families seeking modern amenity without paying a premium for excess land. Its positioning within Mt Atkinson Estate, a popular development zone with no noted environmental or zoning constraints, gives buyers a clean entry into a high-growth area. The property is best suited to owner-occupiers wanting a move-in-ready home with strong capital appreciation potential, or investors targeting the 3.8% rental yield. The primary risk is the lack of a confirmed price guide, though comparable nearby sales between $800,000 and $830,000 suggest the property may be priced near the top of its value range. The 2022 land sale history provides no recent price anchor, creating uncertainty for negotiation. However, the opportunity lies in the estate’s emerging status and the suburb’s below-median density, which supports future demand. Buyers should verify the property’s broadband infrastructure as a supporting value add, and act promptly given the short market time of three days.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 24 Altar Street, Truganina VIC 3029
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Market Insight:

Truganina is a family-oriented suburb with strong owner-occupier demand, evidenced by high sales activity. Recent price growth has been solid, particularly for units, though the market is less competitive than metropolitan averages, indicated by a lower clearance rate. Future growth is underpinned by its established residential character, while the primary constraint is the current higher level of available supply relative to buyer demand.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

2

Land

376mยฒ

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