48 Timetable Street, Mambourin VIC 3024
48 Timetable Street, Mambourin VIC 3024
5 bedrooms, 2.5 bathrooms, 2 car spaces on a 144m² block. North-east facing brand-new townhouse in Mambourin. Eligible for the First Home Owner Grant.
A five-bedroom townhouse is a rare configuration in Mambourin, where most townhouses offer two or three bedrooms. This property is positioned to serve larger families or multi-generational households who need the space but prefer the lower entry price and reduced maintenance of a townhouse over a detached house. The north-east aspect is a genuine advantage, as it captures good natural light throughout the day, which is often overlooked in new estate builds. Being brand new and eligible for the First Home Owner Grant, it is competitively positioned for buyers who want a fresh property without paying a premium for a detached home on a larger lot. The compact 144m² block is typical for a townhouse but the internal bedroom count is exceptional for the product type.
The townhouse classification is a material factor that may affect long-term value. Strata or owners corporation fees are likely, and buyers should weigh these against the lower purchase price compared to a detached house. The 144m² land size is tight for a five-bedroom dwelling, which might limit outdoor living and storage space. Rental demand for a five-bedroom townhouse is less tested than for standard three-bedroom units, so an investor should verify local tenant appetite. The property sits in a rapidly developing estate, so future infrastructure delivery and surrounding construction timelines may influence both liveability and resale timing.
Detailed Independent Property Report prepared by PropCred Analyst team for 48 Timetable Street, Mambourin VIC 3024
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Mambourin is a developing semi-rural locality attracting buyers seeking a quiet lifestyle in modern housing estates. Demand is driven by high-income households, evidenced by household earnings well above the metropolitan average. Recent house price growth has been modest, with a stable rental market for houses, though the market for units is nascent and illiquid. Future growth is linked to its ongoing development, but key constraints include its small, evolving market and sensitivity to broader economic conditions affecting its mortgage-heavy ownership base.
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PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
2
Land
144m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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