62 Terrene Terrace, Point Cook VIC 3030
62 Terrene Terrace, Point Cook VIC 3030
5-bed family house | 400m² in Alamanda zone | north-east aspect | solar + FTTP | high site coverage
This house holds a genuine competitive edge in Point Cook. The five-bedroom, two-bathroom layout on 400 square metres is larger than the suburb’s typical four-bedroom family stock, giving it clear appeal for growing households or multi-generational buyers who need space without sacrificing a manageable block. The north-east orientation is a practical advantage for natural light and thermal comfort, while the solar panels and fibre-to-the-premises connection add everyday efficiency that many comparable houses lack. Its position within the Alamanda school zone is the strongest single draw, anchoring demand from family owner-occupiers who prioritise school access over other conveniences. That combination of configuration, orientation, and zoning makes this house best suited to buyers seeking a long-term family home rather than a quick flip or rental-first purchase.
The value picture may hinge on a few factors. The 227-square-metre building footprint leaves less open yard than some neighbours, which might deter buyers wanting generous outdoor space. School-zone demand is a consistent price support, but it can shift if catchment boundaries or school perceptions change. The recent build era and finish quality will matter more here than in older stock, since buyers in this bracket often compare presentation closely. Rental demand appears reasonable given the size, but the yield is modest, so an investor buyer may weigh capital growth expectations more heavily. These points are worth probing during inspection rather than treating as fixed risks.
Detailed Independent Property Report prepared by PropCred Analyst team for 62 Terrene Terrace, Point Cook VIC 3030
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Point Cook is a western Melbourne suburb with a split market: houses trade around $830,000 after 7.9% annual growth, while units sit at $601,000 with 5.75% growth and a 4.49% rental yield. Investor interest dominates, and properties sell faster than in nearby suburbs like Truganina, with houses averaging 31 days on market. High household incomes support demand. Future drivers include the $25 million Town Centre redevelopment and the Williams Landing transit-oriented hub, due by 2025. Risks are visible: one dataset shows median house prices down 12.6% year-on-year, days on market up 10.3%, and auction clearance at 47.7%, pointing to rate sensitivity even as long-run growth remains positive.
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PropCred Estimated Value
Comparable Sales: 60 Terrene Terrace sold $820k–$860k; 1 Terrene Terrace sold $890k–$930k | Property Price Band: $850k–$950k | Value Drivers: school-zone location, five-bedroom layout, north-east aspect and solar installation
Bedrooms
5
Bathroom
2
Parking
2
Land
400m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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