29 Vantage Place, Truganina VIC 3029

29 Vantage Place, Truganina VIC 3029
Brand new 2022 build | Dual master suites | Five bedrooms each with ensuite | 405m² internal living | Land sold 2019 for land value This property presents a rare, high-specification offering in a first-home buyer and family-dominated suburb. Its configuration of five bedrooms, each with a private bathroom and including two master suites, is exceptional for the area and creates immediate rental or multi-generational living advantages. A floor plan exceeding 400 square metres on a 533 square metre block indicates a substantial, modern house built at peak construction standards, appealing to buyers seeking space and new finishes without the build risk. It serves large families or investors targeting the dominant 20-39 demographic in Truganina, who prioritise internal space and minimal maintenance. The primary risk is the unverified 2019 land sale price, which, if accurate, anchors the current asking price to a pre-construction land value and demands scrutiny of the total capital outlay versus recent completed sales. The absence of confirmed comparable sales data for houses of this scale locally introduces pricing ambiguity; you must establish value against standard four-bedroom stock. Its commercial logic lies in holding for long-term demographic tailwinds or leveraging its unique layout for premium rental segmentation. Proceed only with a forensic comparison to verified sales of similar-sized, newer homes in immediate neighbouring streets to validate the premium its configuration commands.
Detailed Independent Property Report prepared  by PropCred Analyst team for 29 Vantage Place, 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

5

Bathroom

4

Parking

2

Land

533m²

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