29 Murray Road, Thornhill Park VIC 3335
29 Murray Road, Thornhill Park VIC 3335
3 bedroom, 2 bathroom single-storey house on 264 square metres. Built around 2015 to 2018 with modern finishes, premium kitchen appliances, and floor-to-ceiling bathroom tiles. No garage. Located in the developing Murray at Thornhill Park estate.
This property is competitively positioned as one of the more affordable entry points into a modern master-planned estate, where most comparable houses are priced higher. Its single-storey layout and low-maintenance design serve first-home buyers and young families who prioritise convenience over space. The interior finishes are noticeably above what is typical for this price bracket in Thornhill Park, particularly the kitchen and bathroom quality, which gives the property a more premium feel than its lot size suggests. Being in an active development phase means the neighbourhood character will continue to improve as more homes and planned community facilities are completed.
The small 264 square metre lot may limit long-term appeal for buyers wanting outdoor space or future extension options, and the lack of a garage could be a consideration in a car-dependent suburb where on-street parking is still maturing. The property sits in a school catchment that is average for the region, which might affect families prioritising education. While the estate’s ongoing development supports gradual value growth, the absence of major transport infrastructure nearby could cap how quickly that growth materialises compared to more connected suburbs.
Detailed Independent Property Report prepared by PropCred Analyst team for 29 Murray Road, Thornhill Park VIC 3335
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Thornhill Park is a newly developed western suburb offering affordable housing, which is attracting families seeking modern homes. Demand is driven by this affordability and expanding local amenities, supporting a stable market with moderate price growth. Recent sales activity indicates steady turnover, though the market’s relative youth and distance from the city present both future opportunity and inherent constraints to consider.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
264m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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