1/40 Stott Street, Box Hill South VIC 3128

Estimate gap | market slowdown | premium over median | not currently listed The property sits in a suburb where units have slipped 6.1% over the past year, yet estimates range from $1.35m to $1.96m—a spread that signals low transactional liquidity. Any buyer who pays near the upper end based on townhouse scarcity alone risks negative equity if the downturn persists, because the townhouse commands a 150% premium above the suburb’s unit median of $630,000. This property suits an owner-occupier who holds for seven years to cycle through the dip, not a flipper. What sets this property apart is the five ensuites and dedicated study on a 318m² block—rare in a family zone where 71% are owner-occupied, reducing landlord competition. For a buyer who needs room for multiple household members or wants to avoid common walls, this configuration is functionally irreplaceable in the current stock. The comparables show 2/44 Stott Street asking $1.46m, reinforcing that the location carries its own micro-market premium beyond suburb medians. This property works best for an intergenerational family or a household using the study for remote work, where the layouts utility justifies paying above the market’s risk premium. Contact PropCred to verify the recent listing status and commission a valuation that anchors your bid to the $1.35m floor, not the optimistic $1.96m ceiling.