3 Irvine Avenue, Strathtulloh VIC 3338
3 Irvine Avenue, Strathtulloh VIC 3338
A 4-bedroom, 2-bathroom single-storey house built in 2020 on a 350m² lot in Strathtulloh. The building covers 220m² with a 63% site coverage, includes two car spaces, built-in robes, gas heating, evaporative cooling, and an outdoor entertainment area. It sits at 112m elevation with a 6m roof height.
What is competitively strong about this property is its efficient use of a compact 350m² lot, achieving a 220m² building footprint that leaves minimal wasted space—rare in newer subdivisions where larger land often means higher maintenance. The 2020 build date places it among the newest stock in Strathtulloh, with modern insulation, double glazing, and Reliatable Opticomm fibre already installed. Its position within the Atherstone precinct means proximity to Strathtulloh Primary School and new local parks, which suits first-home buyers and young families seeking a turnkey home without renovation demands. The 63% site coverage suggests a generous floorplan for a single-storey house, giving it a spacious feel relative to its land size. This property is best positioned for buyers who prioritise low-maintenance living and modern finishes over a large backyard, typical of the area’s newer developments.
Factors that might affect value include the building coverage being high at 63%, which limits outdoor space and could deter buyers wanting a larger garden or future extension potential. The 350m² lot is smaller than older Strathtulloh homes on 500–600m² blocks, so resale appeal may narrow to buyers comfortable with compact yards. Rental yield sits around 3.7%, which is moderate for the area but not exceptional, meaning investors might compare it against higher-yielding options nearby. The lack of bushfire, flood, or heritage overlays removes risk, but the suburb’s distance from major hospitals and tertiary education could cap price growth for families needing those services. These are considerations to weigh when forming a view on price, not dealbreakers.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Irvine Avenue, Strathtulloh VIC 3338
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
!
1
Execution Risk
✓
Market Insight
Strathtulloh is positioned as an affordable, family-focused suburb offering relative value within the metropolitan area. Demand is driven predominantly by young families seeking entry-level housing, supported by new community amenities. Recent house price trends have been stable with modest growth, while the unit market is less established. The market shows balanced activity with moderate days on market. Future growth is linked to its affordability proposition, though a cautious outlook is noted regarding demand-supply dynamics.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
350m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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