4 Page Street, Truganina VIC 3029
4 Page Street, Truganina VIC 3029
4 bed family house | 448m² block | double garage | Truganina growth corridor | ~$788k est.
This property sits squarely in the family-home sweet spot that dominates Truganina’s newer housing stock. Four bedrooms, two bathrooms, and a double garage on a 448m² lot gives you the practical layout most buyers in this corridor are chasing, and the estimated rental return of $555 per week suggests steady demand from tenants as well. The house is positioned within established school catchments including Truganina P-9 College and Garrang Wilam Primary School, which strengthens its appeal for young families looking to settle into a predictable, service-rich suburb. It is not a standout or a rarity, but it is exactly the kind of solid, mainstream family property that tends to move reliably in this market, particularly for first-home buyers and upgraders who want newer finishes without paying a premium for a larger block.
The 448m² land size is slightly tighter than some comparable newer homes in the area, which may cap how much upside you see relative to bigger-block neighbours. The internal area figure of 283m² is generous on paper, but without clarity on how that is measured, you might want to physically verify the living spaces before committing. Build quality, orientation, and street presentation are not confirmed from available data, and those factors can shift value meaningfully in a suburb where many houses look similar from the outside. The estimated gross yield of around 3.7% is typical for outer-west family housing, so treat this as a lifestyle-and-growth play rather than a high-cash-flow investment.
|| Comparable Sales: 46 Europe Street sold $920k, 4 Sangre Street sold $727k | Property Price Band: $700K–$800K | Value Drivers: land size, internal layout, condition and presentation, school catchment proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 4 Page Street, Truganina VIC 3029
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Truganina, 22km west of Melbourne, is a family-dominated market where detached housing with mortgaged owners underpins activity. Demand comes from owner-occupiers, reflected in 863 house sales over the past year. House prices have risen 3-4% to roughly $670,000-$725,000, while units outperformed with 9-13% annual growth to $530,000-$565,000. Homes sell in 42-50 days, with unit yields near 4.8% versus 4.1% for houses. The market is liquid but softer than metro benchmarks: clearance sits at 53.6% against 77.8% metro, and 373 listings were available last month. Elevated supply and rate sensitivity among mortgaged owners remain the key constraints, while continuing turnover and stronger unit returns underpin the outlook.
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PropCred Estimated Value
Comparable Sales: 46 Europe Street sold $920k, 4 Sangre Street sold $727k | Property Price Band: $700K–$800K | Value Drivers: land size, internal layout, condition and presentation, school catchment proximity
Bedrooms
4
Bathroom
2
Parking
2
Land
448m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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