7/116 Manningham Road, Bulleen VIC 3105
7/116 Manningham Road, Bulleen VIC 3105
Modern townhouse | Bulleen east-side pocket | 148sqm on large land | three-bedroom two-bathroom | strong 2018-2025 appreciation signal.
This property offers a rare configuration advantage: a townhouse with a substantial land component in a suburb where most units sit on smaller parcels. The 148sqm floorplan is efficient for a three-bedroom, and the two-car provision is above average for this product type. It suits buyers seeking a low-maintenance dwelling with better land tenure than a standard apartment, particularly owner-occupiers or investors targeting the family-renter demographic. The price trajectory since 2018 implies consistent demand in this pocket, not speculative froth.
The primary risk is the land size rangeโ1,111โ1,115sqm suggests a strata or shared title, which may limit future redevelopment optionality and could carry higher body corporate fees. The property’s position on Manningham Road may introduce traffic noise, and the 2018 sale price sets a clear floor but also a benchmark for capital gains tax implications if resold soon. Opportunity lies in the Bulleen market’s relative stability compared to inner-ring suburbs, and the potential to add value through cosmetic updates or efficient landscaping.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 7/116 Manningham Road, Bulleen VIC 3105
Market Insight:
Bulleen is an established, family-oriented suburb in Melbourne’s north-east, characterised by a high proportion of detached housing and outright owners. Demand is primarily driven by owner-occupying families and downsizers, attracted by its quality school catchments and proximity to eastern employment hubs. Recent market conditions show resilient house prices with moderate growth, while the unit segment has experienced some softening. Future growth is underpinned by consistent rental demand and limited new supply, though high price points and interest rate sensitivity present affordability constraints for new entrants.