89 Derby Drive, Epping VIC 3076

89 Derby Drive, Epping VIC 3076
| 3-bed family home | quiet Epping pocket | 530mยฒ block | 5-car accommodation | solar + polished floors | This property offers a rare combination of generous land area and substantial building footprint in a quiet, established pocket of Epping, making it competitively strong for families seeking space without leaving the suburbโ€™s growth corridor. The 280mยฒ building size, multiple living zones, and indoor-outdoor flow through the sunroom provide functional separation rarely found at this price point, while the 5-car capacity,including a garage, carport with drive-through access, and separate shed,adds genuine utility for trades, multiple vehicles, or storage. The absence of bushfire, flood, or heritage overlays reduces due diligence friction, and the zoning for Meadowglen Primary and Epping Secondary College gives it a clear demographic fit for young families. Solar panels and polished timber floors are supporting value-adds that reduce holding costs and lift presentation. The primary risk is the 1986 build age, which may require near-term attention to roof, plumbing, or insulation,costs a buyer should budget for rather than underwrite into the offer. The 53% building coverage leaves limited scope for extension without a planning application, though the substantial backyard retains outdoor amenity. Rental yield at 3.9% is modest but stable for the area, and the $728,000 point estimate sits within the guide range, offering no obvious discount for condition risk. A buyer should hold this property as a long-term family home, not a flip, and negotiate on the basis of age-related capital works rather than location or layout.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 89 Derby Drive, Epping VIC 3076
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Market Insight:

Epping is a family-oriented suburb within Melbourne’s northern growth corridor, characterised by a high proportion of mortgaged homeowners. Demand is driven by families and investors, supported by robust sales activity, major infrastructure investment like the Northern Hospital expansion, and its evolving role as an employment hub. The market demonstrates solid price growth and healthy rental demand, though its mortgage-heavy ownership base indicates sensitivity to interest rate changes, presenting a key affordability constraint amidst active development.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

5

Land

530mยฒ

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