4/24 Coghill Street, Westmeadows VIC 3049
4/24 Coghill Street, Westmeadows VIC 3049
2-bed townhouse | heritage precinct | modern 2016 build | walkable village | compact 113m²
This townhouse is positioned in a heritage-overlay pocket of Westmeadows, where its 2016 construction is distinguished from older detached stock. The configuration is regarded as entry-level, yet the finishes are above the typical expectation for this segment. The compact 113 square metres is balanced by a private courtyard and a remote garage with internal access. This property is best suited to first-home buyers, downsizers, and investors seeking low-maintenance living within walking distance of Westmeadows Village, a primary school, and creek trails. A sense of place is added by the heritage setting without compromising modern functionality.
Land size and orientation might be weighed, as natural light may be perceived differently across units. External changes may be constrained by the heritage overlay, though the same overlay protects the character supporting local demand. Rental income may be supported by transport and employment access. Competition from similar townhouse stock might be reflected in price expectations. The single bathroom may be seen as a limitation for small families.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/24 Coghill Street, Westmeadows VIC 3049
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
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Market Insight
Westmeadows is a well-established, family-oriented suburb positioned as a relatively affordable entry point within Melbourne’s northwest corridor. Demand is driven by young professional families attracted by its green character and blend of older homes, supported by strong auction clearance rates. The market exhibits robust momentum with double-digit annual house price growth and a brisk sales pace, indicating sustained buyer competition. Future growth is underpinned by its strategic location near key transport links and the airport, though significant recent price appreciation introduces an affordability constraint and potential sensitivity to economic shifts.
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PropCred Estimated Value
Comparable Sales: 6/24 Coghill Street sold $506,000; 2/24 Coghill Street sold $500,000 | Property Price Band: $500K–$600K | Value Drivers: modern condition, heritage location, compact layout
Bedrooms
2
Bathroom
1
Parking
1
Land
113m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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