9 Hermes Road, Truganina VIC 3029
9 Hermes Road, Truganina VIC 3029
Modern detached family house in Truganina growth corridor | compact lot typical of estate stock | strong family and rental demand | school catchment likely but address-specific | full configuration data not yet confirmed.
The property sits within a western growth corridor where modern detached houses dominate, typically offering three to five bedrooms, two bathrooms, and two-car accommodation on compact lots. This configuration suits first-home buyers, young families, and investors seeking low-maintenance living with contemporary layouts. The suburb’s character is defined by newer housing estates, broad streets, and consistent amenity expectations, making it a predictable and functional choice for owner-occupiers who prioritise space and modern finishes over established character. The strongest appeal is for buyers wanting a move-in-ready house with standard family features, positioned in an area with active demand and reasonable rental turnover.
Value may be shaped by the exact lot size and building footprint, which influence how the property compares to similar estate homes. Orientation and street position could affect natural light and privacy, while the year of construction and quality of finishes will matter for long-term maintenance expectations. School catchment boundaries can vary by address, so confirmation is worthwhile before committing. Rental demand is steady, but yields are moderate rather than exceptional, so price should reflect realistic income potential. The absence of overlay burdens in the immediate vicinity supports straightforward occupation and future flexibility.
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Hermes Road, Truganina VIC 3029
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Truganina, 22km west of Melbourne, is a family-dominated market where detached housing with mortgaged owners underpins activity. Demand comes from owner-occupiers, reflected in 863 house sales over the past year. House prices have risen 3-4% to roughly $670,000-$725,000, while units outperformed with 9-13% annual growth to $530,000-$565,000. Homes sell in 42-50 days, with unit yields near 4.8% versus 4.1% for houses. The market is liquid but softer than metro benchmarks: clearance sits at 53.6% against 77.8% metro, and 373 listings were available last month. Elevated supply and rate sensitivity among mortgaged owners remain the key constraints, while continuing turnover and stronger unit returns underpin the outlook.
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PropCred Estimated Value
Comparable Sales: 24 Hermes Road sold for $717,500; 9 Alutu Road sold for $629,000 | Property Price Band: $600,000–$700,000 | Value Drivers: lot size, layout efficiency, condition and presentation
Bedrooms
4
Bathroom
2
Parking
2
Land
374m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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