47 Parkwood Terrace, Point Cook VIC 3030

47 Parkwood Terrace, Point Cook VIC 3030
This is a 3-bedroom, 2-bathroom townhouse with 2 car garages and a separate powder room downstairs It sits on an unusually large 1.04-hectare lot in Point Cook and is within walking distance to Alamanda K-9 school. The property is distinguished by its land, 1.04 hectares, which is rarely found for a townhouse in Point Cook. This larger allotment is used for space that most townhouses lack, and it is considered suitable for families who desire room for children, pets, or gardening without leaving the convenience of a multi-storey home. Walking distance to Alamanda K-9 is viewed as a significant advantage for buyers with school-aged children. Point Cook is sought after by families, and this property is positioned as a rare blend of townhouse living with substantial landholdings and is attractive to those who prioritize both location and space. The unusual lot may be seen to introduce title complexities that should be verified. While the large land is considered an opportunity, it might be associated with a premium that should be weighed against the townhouse configuration. The building’s age, as it was not recently constructed, may be thought to require maintenance attention. These factors could be expected to shape price negotiations, so a thorough inspection and title review are advisable.
Detailed Independent Property Report prepared  by PropCred Analyst team for 47 Parkwood Terrace, Point Cook VIC 3030
Checks found:
Value Risk ✕ 2
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ! 1
Execution Risk ✕ 2
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Market Insight

Point Cook is a robust, family-oriented suburb experiencing strong capital growth, driven by significant infrastructure investment and a high household income base. Demand is underpinned by owner-occupiers and investors, with properties transacting efficiently, indicating sustained buyer interest. Recent price appreciation reflects this solid market activity, though a lengthening sales period and softer auction results signal emerging sensitivity to broader economic conditions. Future growth is anchored by major transit-oriented developments, enhancing its connectivity and amenity profile.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

1.04 ha

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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