5B Luckins Road, Bentleigh VIC 3204
5B Luckins Road, Bentleigh VIC 3204
Single-level townhouse | 351m² block | 3 bed, 2 bath, 2 car, study | Hamptons finishes | School catchment
A 351 square metre lot is occupied by a single-level townhouse, a configuration that is rarely seen in newer infill stock around Bentleigh. The three-bedroom layout is paired with two bathrooms, two car spaces, and a study, so a genuinely family-sized footprint is delivered without stairs. European oak floors, shaker-style cabinetry, and black tapware are carried throughout, giving the property a finish level that is closer to a premium town residence than to a standard unit. School catchments for Tucker Road Bentleigh Primary and Bentleigh Secondary College are attached to the property, which makes it particularly usable for families. No bushfire, flood, or heritage overlay is recorded, so the planning profile is cleaner than much of the older housing in the area. The buyer who is served best is one seeking house-like accommodation, strong school access, and a low-maintenance single-level layout.
The price outcome may be influenced by the single-level form compared with the land underneath. A permit history for two double-storey dwellings is noted on the lot, so future redevelopment potential might be priced into the land even though the current townhouse is more likely to be purchased for its completed condition. The 351 square metre lot is generous for a townhouse, which means extension potential or yard space may be viewed as a positive by a future buyer. Conversely, a lock-and-leave buyer might see that land as more than is needed. School catchment demand and the quality of the finish are the most direct levers on resale, but neither should be treated as a certainty.
Detailed Independent Property Report prepared by PropCred Analyst team for 5B Luckins Road, Bentleigh VIC 3204
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
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Market Insight
Bentleigh is family-oriented, with incomes 19% above Greater Melbourne and strong transport links driving demand. House values are $1.74–$1.8m, up 7.4% annually, though quarterly growth slowed to 2.03%. Units are $650k–$934k, flat annually, with a sharp −23.1% quarterly fall. Houses take 40–48 days to sell (units: 37); auction clearance dropped 19.5 pts to 60.5%, signalling a cooling market. Rental demand is steady—house rents up 5.7%, units up 3.4%—but yields are modest (houses 2.61%, units 4.13%). Over 178 houses sell annually, yet affordability and rate sensitivity are constraints, shown by slower turnover and lower clearance.
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PropCred Estimated Value
Comparable Sales: 14 Luckins Road sold $1.6m; 45 Luckins Road sold $1.6m | Property Price Band: $1.5M–$1.6M | Value Drivers: single-level layout, 351m² land, Hamptons finishes
Bedrooms
3
Bathroom
2
Parking
2
Land
351m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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