65 Lackenheath Drive, Tullamarine VIC 3043

65 Lackenheath Drive, Tullamarine VIC 3043
65 Lackenheath Drive, Tullamarine VIC 3043 is a 3-bedroom, 1-bathroom house with 2 car spaces on a 532 m² lot. The property was listed for sale on 18 June 2026 as a house in Tullamarine, with auction noted in the listing context. It was previously sold in 2006, and current listing data describes it as a 3-bedroom house offered by auction in the $740,000–$780,000 range. 3-bedroom corner house | 532sqm land | family-oriented suburb | established street pattern This property occupies a position that is competitively strong for its suburb, being a detached house on a corner block of over 500 square metres in a street where similar-sized lots are the norm. The corner aspect is a genuine differentiator, offering potential for improved access, more flexible fencing, and a sense of openness that mid-block houses lack. The configuration of three bedrooms, one bathroom, and two car spaces is standard for this pocket, but the land holding gives it an edge for families or owner-occupiers who value space over modern finishes. It is best suited to buyers seeking a solid, unrenovated house with scope to add value through updates, or those who prioritise land size and street position over interior condition. The value of this property may be influenced by the age and condition of the dwelling, which are not confirmed, so the purchase price should reflect the cost of potential renovations or replacements. The slight discrepancy in land size between records suggests a careful survey could be warranted, as even minor differences affect redevelopment potential. The corner block may also carry different planning overlays or access constraints that could impact future use, so local zoning checks are advisable. Without evidence of recent upgrades or premium finishes, the price band likely reflects land value and basic dwelling utility, meaning any buyer should weigh the cost of bringing the house to a modern standard against the asking range.
Detailed Independent Property Report prepared  by PropCred Analyst team for 65 Lackenheath Drive, Tullamarine VIC 3043
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk
Income Risk 2
Execution Risk 2
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Insight: Tullamarine VIC 3043

Tullamarine is a mixed-use suburb anchored by the airport, offering strong transport links and attracting aviation workers and commuters. Demand from this demographic is driving robust capital appreciation in the housing market, which has seen significant growth, while the unit market remains more subdued. Future growth is underpinned by its strategic employment hub, though risks include softening sales volumes and a notable decline in unit auction clearance rates.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

526m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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