4/1-3 Glebe Avenue, Goulburn NSW 2580

Two-storey townhouse | 181sqm land | low-maintenance design | near town centre | suited to first-home buyers or downsizers This property offers a rare configuration in Goulburn: a two-storey townhouse with separate bedrooms upstairs and open-plan living below, giving it a house-like feel on a compact footprint. The shared green space and single garage keep upkeep low, which suits first-home buyers seeking affordability or downsizers trading land for convenience. Its position near the town centre and within catchment for both primary and high schools adds practical appeal for owner-occupiers. The reliable NBN and 5G coverage support remote work, a growing demand driver in regional markets. The main risk is the heritage overlay, which may restrict future alterations and could slow resale appeal for buyers wanting to renovate. Strata fees at $600 per quarter and combined rates near $2,300 annually add holding costs that reduce net yield for investors. However, the property is priced above recent estimated value, so negotiation room exists given only five days on market. For an owner-occupier, this townhouse works as a long-term home; for an investor, it requires a buy at or below the estimated value to achieve a reasonable return. Hold for steady capital growth in a stable regional market.