50 Cloudburst Avenue, Wyndham Vale VIC 3024
50 Cloudburst Avenue, Wyndham Vale VIC 3024
4/2/2 detached family house | 350m² compact block | Wyndham Vale growth estate | Low-maintenance single-level layout | Sold 2021 in 45 days
A straightforward, low-maintenance configuration is offered by this four-bedroom, two-bathroom, two-car detached house on a 350m² block. It is positioned within a Wyndham Vale growth estate where single-level family homes predominate, and it is best suited to first-home buyers or small families needing practical function without a large yard. The competitive strength is found in consistency: a familiar layout, a double garage, and no detected flood, bushfire or heritage constraints. That reliability is seen as making it a predictable entry-level house in an area where demand is driven by affordable family housing and local shopping and schools.
The value may be influenced by the compact 350m² block, which could be seen as limiting for extensions. The price may also be capped by standard presentation. Steadier resale demand may be supported by the established estate setting and lack of environmental overlays. The trade-off between a smaller block and lower maintenance may be weighed by buyers.
Detailed Independent Property Report prepared by PropCred Analyst team for 50 Cloudburst Avenue, Wyndham Vale VIC 3024
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Wyndham Vale, 31km southwest of Melbourne, remains a family-oriented, master-planned suburb with modern homes, parks and schools. Demand is driven by couples with children and a young demographic, with professionals, clerical workers and tradespeople prominent. House prices sit around $605,000 to $610,000, with annual growth between 3.3% and 5.2%, though a recent quarterly decline of 1.1% signals some cooling. Houses sell in roughly 32 to 56 days, supported by solid sales volumes, with weekly rents near $450 and gross yields around 3.8% to 3.9%, still below Melbourne averages. The unit market is thinner: median prices range from $415,000 to $487,500, with one source showing a 7.7% annual fall, and limited sales activity. Rental demand is firmer, however, with unit rents up 10% and house rents up 6.8% year-on-year. Future growth rests on continued family demand, transport infrastructure and school proximity, yet constraints remain: house price growth is trailing the Melbourne average by over 40%, yields are roughly 28% lower for houses and 31% lower for units, and affordability pressures persist.
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PropCred Estimated Value
Comparable Sales: 16 Cloudburst Avenue, 4/2/5, sold $719,000 | Property Price Band: $600,000-$700,000 | Value Drivers: land size, standard presentation, family layout
Bedrooms
4
Bathroom
2
Parking
2
Land
349m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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