7 Phillips Road, Maddingley VIC 3340

Modern 3-bed family home | End-of-street park proximity | Quick past rentals | Low-maintenance finishes This property presents a competitively strong, low-maintenance package for a first home buyer or investor. Its modern internal specifications, including ducted heating and stone benchtops, are above standard for the area and reduce immediate capital needs. The end-of-street position adjacent to a local park enhances its family appeal, while historical rental data showing leases secured within 10-34 days signals reliable demand, supporting a 4% suburb yield. Proceed with the understanding that the 275m² lot is at the smaller scale for the suburb, mirroring nearby development but capping future extension potential. This density is offset by the property’s turnkey condition, which commands a price premium. For a buyer, the commercial logic is clear: acquire a modern, tenanted property requiring minimal upkeep. It is a hold for steady rental income or a strategic first home purchase with a medium-term outlook. Recent comparable sales provided by the agent include 147 Lerderderg Gorge Road, Darley; 22 Ryan Court, Bacchus Marsh; and 11A Wellington Street, Darley. While specific sale prices are not detailed in this data, the clustering of these comparisons within a 5km radius and the last 18 months provides a relevant, contemporary market framework for valuation.