41 Calendula Circuit, Epping VIC 3076

41 Calendula Circuit, Epping VIC 3076
1998 build | 3 bed 1 bath | 345m² lot | FTTP NBN | Updated 2026 This property presents a competitively strong, modernised entry into a high-demand family corridor. Its recent comprehensive update to a high standard, including ducted heating and cooling, solar panels, and premium finishes, positions it above typical 1990s stock in Epping, eliminating immediate capital outlay for a buyer. The configuration is precisely targeted at first-home buyers or downsizers seeking a low-maintenance house with strong school catchments and direct access to Westfield Plenty Valley and train stations, ensuring consistent rental appeal and owner-occupier demand. The primary risk is the compressed land size and building coverage against the suburb median, which may constrain future extension appeal and slightly limit capital growth relative to larger lots. However, the 2022 purchase price provides a clear cost base, and the fresh renovation allows for immediate tenancy at estimated yields near 3.8%. This property should be acquired as a hold for secure medium-term occupancy or investment, with its value anchored in its move-in readiness and location rather than land banking potential. Recent comparable sales data is not explicitly detailed in the provided information. The property’s own last sale in August 2022 for $583,000 establishes a baseline, but the absence of specific nearby sale prices limits a precise current market comparison. This gap necessitates independent verification of recent sales to confidently anchor the listed price range.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Epping is a family-oriented suburb within Melbourne’s northern growth corridor, characterised by a high proportion of mortgaged homeowners. Demand is driven by families and investors, supported by robust sales activity, major infrastructure investment like the Northern Hospital expansion, and its evolving role as an employment hub. The market demonstrates solid price growth and healthy rental demand, though its mortgage-heavy ownership base indicates sensitivity to interest rate changes, presenting a key affordability constraint amidst active development.

PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

345m²

Built

Recent Assessments