95 Liberty Parade, Bellfield VIC 3081
95 Liberty Parade, Bellfield VIC 3081
2-bed house with rare 3-car parking | off-market in quiet pocket | near park and trail | compact but practical | suits downsizers and first-time buyers
A genuinely useful combination is offered by this house: two bedrooms and one bathroom is modest, but the three-car parking is uncommon for a dwelling of this size. It is positioned in a quiet, tree-lined street close to green space and walking trails, and everyday liveability is added by that setting. In a suburb where housing stock mixes older detached houses and smaller units, this property is best suited to buyers who value convenience and low-maintenance living over large internal space. A strong fit is found among first-time buyers, empty nesters, or investors seeking a solid, lettable house with practical parking.
The final value might be influenced most by land size and condition, given the limited bedroom count and above-average parking. Consideration may be given by a buyer to the potential for extension or redevelopment, balanced against the convenience of a ready-to-occupy house. Strong demand for smaller houses with parking in an established suburb could support the value, but outcomes may be lower than those achieved by larger street-front houses.
Detailed Independent Property Report prepared by PropCred Analyst team for 95 Liberty Parade, Bellfield VIC 3081
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Bellfield, a compact leafy suburb 9 km from the CBD and wedged between Ivanhoe and Heidelberg, is drawing first-home buyers, investors, and downsizers to its quiet streets and Darebin Creek parklands. The median house price sits near $1.03 million, with annual growth ranging from 5.4% to 7.5% depending on the measure; units are stronger, recording a 19.25% surge to $875,000. Demand is underpinned by a tight rental market—zero vacancies and median rents from $598 to $654 weekly—and a gross yield of 3.87%. Sales volume is moderate, with 32–47 house transactions in the past year. Days on market vary sharply, from 27 to 65, suggesting some price sensitivity. Urban renewal, including modern townhouses replacing older stock, and proximity to the Austin Hospital and La Trobe University support growth.
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PropCred Estimated Value
Comparable Sales: 118 Liberty Parade (3/1/3) sold for $920k; 119 Liberty Parade (3/1/4) sold for $937.5k | Property Price Band: $900K-$1.0M | Value Drivers: 3-car parking, compact layout, quiet street position
Bedrooms
2
Bathroom
1
Parking
3
Land
648m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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