45 Cloverfield Cres, Wollert VIC 3750

45 Cloverfield Cres, Wollert VIC 3750
Newly built 4-bed townhouse | 186mยฒ low-maintenance lot | dual garage | Wollert growth corridor | strong family demand This property offers a rare combination of modern build quality and efficient land use. The 2026 construction means full depreciation benefits and lower immediate maintenance costs. Four bedrooms with an ensuite cater directly to families seeking separation of space. The dual garage with remote access and pet-friendly policy widen the buyer pool, making resale or rental exit straightforward. It serves best for owner-occupiers wanting a turnkey home in a growth corridor or investors targeting the family rental bracket where Wollert shows 79% family occupancy. The Whittlesea LGA has consistent demand from upgraders priced out of closer suburbs. The 186mยฒ lot limits future subdivision or significant extension, capping capital growth potential compared to larger blocks. Heritage, bushfire and flood overlays introduce insurance and development friction that must be verified before exchange. The short marketing history suggests either a quick sale or pricing adjustment risk. Opportunity lies in negotiating below the $700,000 upper guide given three days on market and mixed listing sources. Hold this property for medium-term family occupancy or lease it to capture Wollertโ€™s 75% owner-occupier preference, which supports stable vacancy.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Wollert is a high-growth family suburb in Melbourne’s outer north, positioned as an affordable entry point with strong transport links. Demand is driven by young families and first home buyers seeking larger homes, supported by steady rental yields attracting investors. Recent price growth reflects this sustained demand, with a balanced sales market. Future growth is underpinned by ongoing infrastructure development and population influx, though increasing supply and sensitivity to interest rates present moderating influences on price appreciation.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

187mยฒ

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