49A Tibrockney Street, Highett VIC 3190
49A Tibrockney Street, Highett VIC 3190
Newly built 5-bed family house | ~500m² land, premium Mediterranean finish | poolside outdoor living | school-dense Highett pocket | large for the street
This house is competitively strong because it offers something rare in Highett: a brand-new, five-bedroom, four-bathroom family home on a genuinely large block. Most new stock in the suburb is townhouses or units on smaller lots, so this property stands apart in both scale and quality. The Mediterranean design, European oak flooring, travertine wet areas, and energy-efficient fitout give it a premium, move-in-ready feel that suits family upgraders or downsizers wanting space without renovation. Its position near multiple primary and secondary schools adds practical appeal for buyers with children, and the poolside outdoor setting makes it a lifestyle purchase as much as a family home. For a buyer seeking a low-maintenance, high-spec house in an established bayside suburb, this is about as close to turnkey as it gets.
Value may be influenced by how the market currently prices large new houses versus smaller infill stock in Highett. The land size, at roughly 500 square metres, is a genuine advantage, but the property’s price could be tempered by the fact that comparable new builds on the street are mostly duplexes or townhouses, not detached family homes. The premium finishes and pool add cost, but they also narrow the buyer pool to those willing to pay for presentation. Timing of sale and buyer demand for family-sized homes in this pocket might also shape the final figure, so it is worth watching how long similar properties sit before forming a firm view.
|| Comparable Sales: 49 Tibrockney Street duplex, 3-bed, sold Nov 2023 for $2.0M | Property Price Band: $2.1M–$2.2M | Value Drivers: land size, new condition, premium finishes, pool and outdoor living
Detailed Independent Property Report prepared by PropCred Analyst team for 49A Tibrockney Street, Highett VIC 3190
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Highett’s established bayside positioning attracts families and professionals seeking connectivity and quality schools. Demand is driven by its proximity to beaches and employment hubs, with strong activity in the unit market. Recent price trends show stability in houses but notable divergence in unit performance. Future growth is anchored in its infrastructure and location, though high entry prices and interest rate sensitivity present clear affordability constraints.
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PropCred Estimated Value
Comparable Sales: 49 Tibrockney Street duplex, 3-bed, sold Nov 2023 for $2.0M | Property Price Band: $2.1M–$2.2M | Value Drivers: land size, new condition, premium finishes, pool and outdoor living
Bedrooms
5
Bathroom
4
Parking
3
Land
500m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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