48 Buninyong Street, Yarraville VIC 3013

48 Buninyong Street, Yarraville VIC 3013
Renovated period house | three-bed two-bath | cathedral rear living | premium finishes | owner-occupier pocket A rare turnkey experience is offered in this character-filled street. Period elegance is preserved through the leadlight entry, polished timber floors, and high ceilings, while a substantial open-plan rear living zone is added under a cathedral ceiling. The stone kitchen with butler’s pantry, master suite with ensuite and walk-in robe, and fresh paint throughout lift this property well beyond typical Yarraville stock. It is best suited to upsizers and professional families who want a renovated family house with immediate comfort and strong street appeal. The property’s value may be influenced by the actual land dimensions and whether off-street parking is available, as these factors are significant in this pocket. Its premium condition and layout might be justified by the quality of the renovation, but the rear extension’s proportions need to be weighed against the original footprint. The functionality of the open-plan living zone is likely to be decisive in forming a view on price. >> Comparable Sales: 3/148 Francis Street, Yarraville (2-bed unit) sold $680k | Property Price Band: $1.5M–$1.6M | Value Drivers: renovated condition, open-plan layout, period character
Detailed Independent Property Report prepared  by PropCred Analyst team for 48 Buninyong Street, Yarraville VIC 3013
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ✓
Execution Risk ! 1
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Yarraville’s market is anchored by a $1.16 million median house price, with annual growth ranging from 0.87% to 2.7% depending on the index; one source records a 1.7% decline. Houses sell in 44–58 days, reflecting steady but competitive demand from young professionals, singles, and small families drawn to CBD proximity and lifestyle. Household incomes are high, and professionals dominate. Units remain the entry point, with medians between $600,000 and $663,500 and stronger momentum-up to 6.16% annually-despite one series showing a 5.8% year-on-year fall. Rental yields are tighter for houses at around 3%, while units deliver 4.6–5.1%, supporting investor interest. Future growth drivers centre on continued professional migration and unit affordability, but the key constraint is price sensitivity above $1.1 million for houses, alongside divergent data signalling possible softness in both segments. Sales volume is substantial, with 359 properties transacting in 2025, underscoring liquidity.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

-

Land

285m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat