5/9 Waratah Avenue, Glen Huntly VIC 3163
5/9 Waratah Avenue, Glen Huntly VIC 3163
Compact 1-bed unit with car space | Transit-connected Glen Huntly | Entry-level price point | Yield near 7% | May lack private outdoor area
The unit is positioned in a well-connected pocket of Glen Huntly, close to public transport, shops, and parklands. A secure car space and recent renovation are included, which are notable for this price range. The 54-square-metre floor plan is compact but functional, and it is suitable for singles or professionals. Entry-level owner-occupiers or yield-focused investors are best served by this property, given the strong rental demand from amenities and transit links. The unit’s features are competitive for this segment.
Private outdoor space may be absent, which could limit appeal for some buyers. The renovations extent might be cosmetic rather than structural. Proximity to transport and shops may introduce noise. These factors could affect value and should be weighed.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/9 Waratah Avenue, Glen Huntly VIC 3163
Checks found:
Value Risk
✓
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
!
1
Glen Huntly VIC 3163
Glen Huntly presents a market of distinct segmentation, with its premium house segment demonstrating robust demand and strong price growth, contrasting with a softer unit market. Family buyers appear to be a key driver, supported by high auction clearance rates for houses. Recent conditions show houses transacting relatively quickly, while the unit market faces price headwinds. Future performance hinges on the suburb’s established transport links within Greater Melbourne, though sensitivity to interest rates and the divergent trajectory between housing types present clear market risks.
PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
1012m²
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst