6/91 Macedon Parade, Wollert VIC 3750
6/91 Macedon Parade, Wollert VIC 3750
3-bed townhouse | 195m² lot | compact growth-suburb stock | low-maintenance family buy | solid rental yield potential
This is a newly completed townhouse in a growth corridor, designed for buyers who prioritise practicality over land size. The configuration is efficient: three bedrooms, two bathrooms, and a double garage on a 195m² lot. The open-plan living zone downstairs and private main suite upstairs suit first-home buyers, young families, or investors seeking low-maintenance housing. It sits within a master-planned estate with school catchment access, fibre internet, and 5G coverage. The property is typical of contemporary Wollert stock, not premium, but functional and market-ready for its target buyer.
The small lot size may limit long-term land appreciation, which matters if you are weighing capital growth over rental income. The two-level format could be less accessible for older buyers or those with mobility needs. While the finishes are modern, they are standard estate-grade, not customised. The rental yield is estimated around 4.3%, which is reasonable for this segment. Proximity to shopping and station supports tenant demand, but the area remains car-dependent. You should weigh whether the compact footprint and growth-suburb amenity align with your timeline and use case before committing.
Detailed Independent Property Report prepared by PropCred Analyst team for 6/91 Macedon Parade, Wollert VIC 3750
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✕
2
Execution Risk
!
1
Market Insight
Wollert is a high-growth family suburb in Melbourne’s outer north, positioned as an affordable entry point with strong transport links. Demand is driven by young families and first home buyers seeking larger homes, supported by steady rental yields attracting investors. Recent price growth reflects this sustained demand, with a balanced sales market. Future growth is underpinned by ongoing infrastructure development and population influx, though increasing supply and sensitivity to interest rates present moderating influences on price appreciation.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
154m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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