62 Evergreen Drive, Wyndham Vale VIC 3024

62 Evergreen Drive, Wyndham Vale VIC 3024
4 bed with pool and solar | north facing on 640sqm | single-level living | premium finishes vs suburb standard This property presents a competitively strong offering for a family seeking a premium, low-maintenance home in Wyndham Vale. Its four-bedroom configuration on a 640-square-metre block, combined with premium inclusions like a heated pool, solar panels, and stone kitchen benchtops, positions it distinctly above recent suburb listings, which are typically three-bedroom homes at lower price points. The north-facing aspect and single-storey layout enhance liveability, serving buyers looking for established comfort over a project. The primary decision point is its price positioning approximately one hundred thousand dollars above the recent suburb average, which demands scrutiny. This premium must be justified by sustained owner-occupier demand for turnkey properties with pools, as rental and development data is absent. Proceed with an offer anchored to the lower quartile of the guide, recognising that the 2019 sale provides no current valuation anchor. This house is best acquired as a long-term family home, not a short-term holding.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Wyndham Vale is a master-planned, family-oriented suburb with strong demand from young families, evidenced by its demographic profile. This cohort is driving a robust owner-occupier market for houses, supported by solid sales activity and rising rental demand. Recent house price growth has been moderate, though it trails the broader metropolitan average, while the unit market remains subdued with limited activity. Future growth is underpinned by its family-friendly amenities and infrastructure, but key risks include lower relative rental yields and price growth performance compared to Melbourne.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

Bathroom

Parking

3

Land

640mΒ²

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat