48 Silverwattle Drive, Lyndhurst VIC 3975
48 Silverwattle Drive, Lyndhurst VIC 3975
4-bed family house | study plus open-plan living | ~410m² block | walk to station and schools | smaller land than street norm
A well-maintained 4-bedroom, 2-bathroom family house is offered with a dedicated study, open-plan living and dining, and a generous backyard. The configuration is closely matched to the dominant housing pattern in this part of Lyndhurst, where detached family homes with four bedrooms, two bathrooms, and two-car parking are commonly found. Walkable access to Lynbrook Station, bus stops, primary schools, and parks is provided, making it a practical choice for growing families and first-home buyers. Easy freeway access is also available, and the commuter appeal is strengthened by this. Although the land area is compact for a four-bedroom family house, the internal layout is efficient and family-friendly.
The smaller land component may limit comparison with larger family properties, though price may be influenced more by presentation and parking count than by absolute area. School catchment confirmation might be reflected in buyer demand, as could rental interest and infrastructure activity locally. These factors may be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 48 Silverwattle Drive, Lyndhurst VIC 3975
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Lyndhurst, in Casey South East Melbourne, draws young families and professionals aged 30-39; family households predominate and owner-occupiers run near 80%. Population grew 32.7% from 2016, underpinning demand. House prices sit at $983,000, up 10.6% annually; units at $552,750 with slower quarterly growth. Houses lease in 34 days at $650 weekly, with a 3.79% yield; units yield 4.43%. Annual house sales of ~100 and auction clearances of 42-50% suggest steady but cautious demand. Future growth relies on infrastructure links and large-lot sales, while affordability pressures, rising days on market (34-38), and softer sales volumes are key constraints.
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PropCred Estimated Value
Comparable Sales: 36 Silverwattle Drive sold for $741k; 2 Silverwattle Drive sold for $700k | Property Price Band: $700k-$800k | Value Drivers: condition, land size, layout
Bedrooms
3
Bathroom
2
Parking
2
Land
409m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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