2/13 Elizabeth Street, Oakleigh East VIC 3166
2/13 Elizabeth Street, Oakleigh East VIC 3166
Modern townhouse in Oakleigh East | 3-bedroom, 2-bathroom configuration | 223sqm low-maintenance lot | Walkable to Amsleigh Park Primary.
This property’s competitive edge lies in its configuration: a three-level townhouse with two bathrooms and a lock-up garage on a 223sqm lot is rare in Oakleigh East, where comparable sales are on smaller blocks. The covered entertaining deck and ensuite master bedroom add genuine lifestyle appeal for families or downsizers. The property serves best for owner-occupiers seeking a turnkey home near Monash University and Clayton shops, or investors targeting the suburb’s 60% renter demographic with strong yield potential.
The main risk is pricing misalignment: the list range sits below the estimated value, suggesting the seller may accept a quick sale, but the 2026 comparable sale at $895,000 for a slightly smaller townhouse indicates the market may not support the upper guide. The lack of heritage or flood overlays reduces holding costs, and the NBN Fibre to the Curb is a practical convenience. A buyer should negotiate firmly toward the lower end of the range, then hold for medium-term capital growth given the suburb’s 13.3% growth trajectory.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/13 Elizabeth Street, Oakleigh East VIC 3166
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
1
URL has been copied successfully!
Market Insight
Oakleigh East is a well-located, family-oriented suburb attracting young professionals and families, driven by proximity to major employment hubs and solid infrastructure. Demand is underpinned by strong population growth and a significant rental cohort, creating competitive pressure. Recent market conditions show a resilient but nuanced housing market with varied price momentum, while the unit segment demonstrates firmer growth. Future prospects are supported by its established appeal, though tight supply and affordability constraints present ongoing sensitivity to broader economic conditions.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
223m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!