9 Lyn Court, Wandong VIC 3758
9 Lyn Court, Wandong VIC 3758
Renovated 3-bed on 791m² | quiet court near station | substantial shed with roller access | walk to school and shops | ready-to-move family buy
A freshly renovated interior and a 791 m² allotment are combined here, giving this house an edge over older, untouched stock. Polished floors, an updated kitchen, and a renovated bathroom are included, meaning the heavy lifting is done. The separate lounge and built-in robes keep the layout practical, while the substantial shed with roller access is the standout addition for tradies, hobbyists, or families with tools. Set in a quiet court within walking distance of the primary school, shops and the train station, this house suits first-home buyers, young families, or downsizers wanting a low-maintenance house with commuter convenience.
Value may be influenced by the single bathroom, which might limit appeal for larger families. The court location and substantial shed should support steady demand, so pricing may hinge on buyer perception of the street and how the renovated finish compares with other houses in the area. An inspection of the shed structure and the heating and cooling systems is recommended before forming a view on price.
>> Comparable Sales: 5 Lyn Court sold at $545,000 | Property Price Band: $600K to $700K | Value Drivers: renovated condition, land size, shed utility
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Lyn Court, Wandong VIC 3758
Checks found:
Value Risk
✓
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
✓
Market Insight
Wandong is a family-driven market of 1,477 residents, up 10.2% since 2016, with couples with children and trades occupations prevailing. Owner-occupation is high at 87.4%, and average household size is three. Price trends are mixed: median house estimates range from $767,500 to $1 million, with a three-bedroom median of $725,000; annual growth swings from -1.96% to 9.7%. Trading is thin, with only 9–10 house sales in the past year, 68 median days on market, and a 70.7% clearance rate. Rental yields hover near 4.56%. Supply outweighs demand, limiting organic capital growth, and the aggregate median of $1 million exceeds Victoria’s state average, heightening affordability and rate-sensitivity risks given 63% mortgage ownership.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
791m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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