5 Makiti Cres, Harkness VIC 3337

5 Makiti Cres, Harkness VIC 3337
3 bed 3 bath configuration | NDIS approved single level | FTTP and 5G | Kurunjang school catchment | 330sqm compact lot This property’s three bathroom configuration is notably uncommon in Harkness, where most detached homes offer two bathrooms. The single-level layout with NDIS approval broadens its buyer pool beyond standard families to include those needing accessible housing and downsizers seeking a low-maintenance footprint. The modern finishes and open-plan design align well with current market preferences in this growth suburb, where newer stock on compact lots commands steady interest. First-home buyers and investors targeting rental demand in a well-connected area are the most natural fits, given the NBN and 5G infrastructure and the practical floor plan. The compact 330sqm land size may limit future subdivision potential and appeals most to buyers who prioritise low upkeep over space. School catchment quality within Kurunjang Primary and Secondary College is a known factor for family buyers, though performance data was not confirmed. The absence of bushfire, flood, or heritage overlays reduces holding risks, while the residential zoning and Melton City Council area suggest stable planning conditions. Rental yield signals around 3.7% are moderate, so the investment case relies more on capital growth from suburb-level demand than high immediate returns.
Detailed Independent Property Report prepared  by PropCred Analyst team for 5 Makiti Cres, Harkness VIC 3337
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk 2
Income Risk ! 1
Execution Risk
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Market Insight

Harkness is positioned as a relatively affordable family suburb within Melbourne’s growth corridor, attracting both owner-occupiers and investors. Demand is driven by families seeking value, evidenced by strong sales volumes and a market dominated by larger homes. Recent price trends show consistent, moderate growth across houses, with a brisk sales pace indicating solid underlying demand. Future prospects are supported by this sustained activity, though the market exhibits some sensitivity, with a notable divergence in performance between houses and units suggesting selective buyer caution.
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PropCred Estimated Value

Bedrooms

3

Bathroom

3

Parking

2

Land

330m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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