30 Cotter Way, Truganina VIC 3029

Modern 2022 build | 4-bed family house | Small 312m² lot | Bushfire overlay | Rented within 40 days This property presents a competitively strong, low-maintenance entry into a modern estate for a capital-efficient buyer. Its 2022 construction eliminates near-term renovation costs and appeals to families seeking a turnkey home in a growth corridor, with the configuration aligning precisely with mainstream rental demand. The recent tenancy secured within a typical marketing period demonstrates reliable income fundamentals, further supported by fibre and 5G infrastructure. This house serves an owner-occupier or investor prioritizing a new build with immediate tenancy over land size. The primary decision weighs the convenience of a new build against the constrained land component and statutory risk. The bushfire overlay imposes potential future compliance costs and insurance premiums, while the small lot limits capital growth driven by land appreciation. However, the commercial logic is clear: secure a modern property with a proven rental yield around 4.1% and predictable upkeep. Acquire this for its income stability and depreciation benefits, but accept that its long-term value will be more closely tied to building depreciation than land scarcity. Recent listings in the immediate area indicate a consistent market for similar properties. For instance, 9 Souvenir Street in Truganina is listed between $680,000 and $720,000 for a comparable 4-bedroom, 2-bathroom house with a double car space. This supports the estimated value for 30 Cotter Way and confirms the price bracket for modern stock in these estates.