3/87 Federal Drive, Wyndham Vale VIC 3024

3/87 Federal Drive, Wyndham Vale VIC 3024
2 bed, 2 bath, 1 car townhouse on 98m² in Wyndham Vale. Built circa 2020-2021, it features split system heating and cooling in both bedrooms, a master with ensuite and walk-in robe, stone benchtops in the kitchen, and a private low-maintenance backyard. Currently leased at $420 per week. This townhouse is competitively positioned as a modern, low-maintenance alternative in a suburb dominated by larger detached houses on bigger blocks. Its configuration is rare for the area, offering a lock-and-leave lifestyle that appeals directly to downsizers seeking convenience and investors chasing immediate rental return. The quality finishes and functional floorplan make it a strong choice for owner-occupiers wanting a comfortable home without the upkeep of a full house. The property sits in a well-established and accessible pocket, which supports ongoing demand for this type of stock. The small land size of 98m² and single parking space may constrain appeal for families or those needing more space or a second vehicle. The property’s value is tied to its modern finishes and current lease, which provides income certainty but may limit flexibility for an owner-occupier wanting to move in immediately. The recent construction date and split system cooling are positives, though the lack of ducted heating could be a consideration in cooler months. Buyers should weigh the rental yield against the limited land component when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3/87 Federal Drive, Wyndham Vale VIC 3024
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk
Income Risk 2
Execution Risk 2
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Market Insight

Wyndham Vale is a master-planned, family-oriented suburb with strong demand from young families, evidenced by its demographic profile. This cohort is driving a robust owner-occupier market for houses, supported by solid sales activity and rising rental demand. Recent house price growth has been moderate, though it trails the broader metropolitan average, while the unit market remains subdued with limited activity. Future growth is underpinned by its family-friendly amenities and infrastructure, but key risks include lower relative rental yields and price growth performance compared to Melbourne.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

98m²

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