21/61-65 Raglan Street, Sale VIC 3850
21/61-65 Raglan Street, Sale VIC 3850
221mยฒ townhouse | 2-bed, 2-bath, 1-car | Strata complex, Raglan Street | Off-market since 2022
The 221mยฒ land holding is the primary competitive advantage, offering a footprint rare for a strata townhouse in Sale and providing genuine separation from neighbouring units. The dual bathroom configuration adds practical functionality for owner-occupiers or tenants, while the Raglan Street position places it within an established residential corridor with good local amenity. This property best suits a buyer seeking a lock-and-leave home with private outdoor space, or an investor targeting the steady rental demand typical of regional centres with institutional employment bases.
The primary risk is the absence of recent sales evidence, leaving the current value uncertain against a market that has moved since the 2022 transaction. The strata arrangement on a larger block may impose body corporate fees and restrictions that are not fully transparent from available data. An opportunity exists in the property’s off-market status, which could reduce competition and allow for a negotiated purchase below peak pricing if the seller is motivated. NBN connectivity adds minor utility but is not a decisive factor.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 21/61-65 Raglan Street, Sale VIC 3850
Market Insight:
Sale presents a compelling profile, positioned as a professional hub with a growing, owner-occupier base. Demand is primarily driven by childless couples, attracted by its established character and professional employment base. The market has demonstrated robust capital appreciation across both houses and units, though current conditions indicate a balanced to buyer-friendly environment with ample supply. Future growth is underpinned by sustained population increase, yet a key consideration is the current market dynamic where available listings may temper short-term price pressures.