58 Cathcart Street, Marong VIC 3515
58 Cathcart Street, Marong VIC 3515
Detached family house | Quiet tree-lined street | Large land parcel | Bendigo commute | Lifestyle buyer appeal
This property is positioned within a low-density township where detached housing and substantial land are the norm. The prevailing character of the street is quiet, treed, and family-oriented, with a commuting advantage to Bendigo. Such a house will most likely suit buyers seeking a relaxed lifestyle, including owner-occupiers and families who prioritise space and calm over urban convenience. The land component is a particular strength, as it allows for outdoor living, extensions, or shedding, depending on zoning. Broad market conditions support demand for this type of dwelling.
Dwelling condition, land size, and dimensions are key value inputs. Building age and floor level may influence layout and structural integrity. Planning overlays or zoning could affect subdivision potential. The quiet location should be weighed against the level of township services. These factors likely determine the final price.
>> Comparable Sales: a 3-bedroom house on a 900m² lot sold at $620,000; a 4-bedroom family home on 1,000m² sold at $675,000 | Property Price Band: $600,000-$700,000 | Value Drivers: land size, dwelling condition, quiet street location
Detailed Independent Property Report prepared by PropCred Analyst team for 58 Cathcart Street, Marong VIC 3515
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
URL has been copied successfully!
Market Insight
Marong is a small suburban market with a strong family orientation and a workforce concentrated in trades. The median house price is $645,000, with annual growth of 0.78% and no quarterly change, reflecting a stable, flat pricing environment. Sales turnover is limited, at 28–48 transactions a year, and houses take around 40 days to sell, with four-bedroom properties slower. Rental demand is intense: vacancy sits at 0.24% and median weekly rent is $530, yielding 3.94–4.3%. Demand is largely from owner-occupiers carrying mortgages, who account for 72% of owners. The tight rental market supports yields, but the reliance on mortgages and thin turnover are key constraints on price growth.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
701m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!