29 Rathmines Road, Truganina VIC 3029

29 Rathmines Road, Truganina VIC 3029
255m² build on 400m² lot | 4 bed 2 bath 2 car | solar panels fitted | family-oriented demand profile | bushfire overlay applies A substantial building envelope is provided here, with a 255m² footprint on a 400m² lot. That coverage ratio is rarely found among newer detached stock in this pocket. The four-bedroom, two-bathroom, two-car configuration is well matched to family demand, and solar panels and Opticomm fibre are fitted as practical inclusions. The house is positioned comfortably within Truganina’s modern family-housing market, and it is best suited to an owner-occupier household seeking generous internal space, low external maintenance, and connectivity that is uncommon in this area. Strong rental appeal is also present, though a live-in buyer is served best. The bushfire overlay may be weighed by insurers and buyers, and future extension options may be affected. Site coverage is high, so expansion might be constrained. Finish quality may be assessed through a physical inspection. Solar panels and fibre may be treated as cost-saving advantages. Price stability might be supported by rental demand if the house is leased.
Detailed Independent Property Report prepared  by PropCred Analyst team for 29 Rathmines Road, Truganina VIC 3029
Checks found:
Value Risk
Liquidity Risk ! 1
Planning Risk
Income Risk 2
Execution Risk
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Market Insight

Truganina, 22km west of Melbourne, is a family-dominated market where detached housing with mortgaged owners underpins activity. Demand comes from owner-occupiers, reflected in 863 house sales over the past year. House prices have risen 3-4% to roughly $670,000-$725,000, while units outperformed with 9-13% annual growth to $530,000-$565,000. Homes sell in 42-50 days, with unit yields near 4.8% versus 4.1% for houses. The market is liquid but softer than metro benchmarks: clearance sits at 53.6% against 77.8% metro, and 373 listings were available last month. Elevated supply and rate sensitivity among mortgaged owners remain the key constraints, while continuing turnover and stronger unit returns underpin the outlook.
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PropCred Estimated Value

Comparable Sales: 5 Rathmines Road sold $630k in 2023; 2 Rathmines Road sold $341k in 2018 | Property Price Band: $700k–$800k | Value Drivers: substantial building envelope, family layout, solar panels

Bedrooms

4

Bathroom

2

Parking

2

Land

400m²

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