31 Kallang Road, Wyndham Vale VIC 3024
31 Kallang Road, Wyndham Vale VIC 3024
Detached family house | Four-bedroom estate format | Family-oriented suburb | Owner-occupier demand | Contemporary finishes
This property sits comfortably within Wyndham Vale’s dominant housing pattern—a detached, four-bedroom family house on a medium-sized block, built to contemporary estate specifications. The configuration is straightforward and practical: open-plan living, modern kitchen, master suite with ensuite and walk-in robe, and a double garage with internal access. It is not a standout or rare offering, but it is exactly the type of house that families in this suburb are actively seeking. The zoning to Riverbend Primary School and Manor Lakes P-12 College strengthens its appeal to buyers with school-aged children, while the FTTP NBN connection supports home-based work or study. The property serves first-home buyers and young families best, offering a low-maintenance, move-in-ready layout that prioritises everyday function over architectural flair. Its value lies in its consistency with what the local market expects and buys.
The property’s price may be influenced by its exact land size, which could range from roughly 350 to 470 square metres based on nearby examples—smaller blocks typically cap upside, while larger ones add flexibility. Condition and presentation will matter, as contemporary estate houses are common here, and buyers often compare finishes and internal flow closely. The absence of any confirmed aspect or outlook means orientation could subtly affect perceived light and privacy, though this is unlikely to be a decisive factor in a flat, estate setting. Rental demand appears steady, with weekly rents in the mid-$500 range for similar houses, which may interest investors, but the primary buyer profile remains owner-occupiers prioritising schools and space.
Detailed Independent Property Report prepared by PropCred Analyst team for 31 Kallang Road, Wyndham Vale VIC 3024
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Wyndham Vale, 31km southwest of Melbourne, remains a family-oriented, master-planned suburb with modern homes, parks and schools. Demand is driven by couples with children and a young demographic, with professionals, clerical workers and tradespeople prominent. House prices sit around $605,000 to $610,000, with annual growth between 3.3% and 5.2%, though a recent quarterly decline of 1.1% signals some cooling. Houses sell in roughly 32 to 56 days, supported by solid sales volumes, with weekly rents near $450 and gross yields around 3.8% to 3.9%, still below Melbourne averages. The unit market is thinner: median prices range from $415,000 to $487,500, with one source showing a 7.7% annual fall, and limited sales activity. Rental demand is firmer, however, with unit rents up 10% and house rents up 6.8% year-on-year. Future growth rests on continued family demand, transport infrastructure and school proximity, yet constraints remain: house price growth is trailing the Melbourne average by over 40%, yields are roughly 28% lower for houses and 31% lower for units, and affordability pressures persist.
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PropCred Estimated Value
Comparable Sales: 32 Kallang Road sold for $605,000 in 2021; 24 Kallang Road estimated near $634,000 | Property Price Band: $600K–$700K | Value Drivers: Land size, condition and presentation, school catchment placement
Bedrooms
4
Bathroom
2
Parking
1
Land
262m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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