87 Bodycoats Road, Wollert VIC 3750
87 Bodycoats Road, Wollert VIC 3750
87 Bodycoats Road, Wollert is a brand new four-bedroom, two-bathroom, two-car home on a level 463 square metre block with a study, floorboards, ducted heating and cooling, a dishwasher, and a fully fenced yard. It sits in the Patch Estate precinct.
What is competitively strong here is the property’s brand new condition and its position within walking distance to Aurora Village, which is rare for a new build in this part of Wollert. The finishes are modern and the floorplan is practical for a family, with the study adding flexibility for remote work. This house serves best a buyer who wants a turnkey family home in an established growth corridor without waiting for construction or dealing with the uncertainty of a land-only purchase. It sits above the typical new build stock in the suburb because of its immediate proximity to retail and its level rectangular block, which gives the yard a usable shape that many newer lots lack.
What might materially affect value here is the pricing gap between the finished house and what the land alone transacted for recently. The property was purchased as vacant land for 365,000 dollars in September 2025, so the finished price reflects a significant construction and margin overlay that may not align with what comparable completed homes have transacted for in the immediate area. The conflicting lot size data between 437 and 463 square metres is a minor point but worth clarifying during due diligence, as it could affect how the yard and setbacks are perceived. A buyer should weigh whether the premium for brand new condition and walkability to Aurora Village is justified against the risk that similar finished homes in the estate may trade at a discount once the initial development phase matures.
Detailed Independent Property Report prepared by PropCred Analyst team for 87 Bodycoats Road, Wollert VIC 3750
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Wollert is a high-growth family suburb in Melbourne’s outer north, positioned as an affordable entry point with strong transport links. Demand is driven by young families and first home buyers seeking larger homes, supported by steady rental yields attracting investors. Recent price growth reflects this sustained demand, with a balanced sales market. Future growth is underpinned by ongoing infrastructure development and population influx, though increasing supply and sensitivity to interest rates present moderating influences on price appreciation.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
437m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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