25 Margaretta Avenue, Murrumbeena VIC 3163

3-bed townhouse | Murrumbeena edge | auction market | scarce street of 29 properties This townhouse presents a rare configuration for Murrumbeena, where three-bedroom townhouses on a street of only 29 properties are infrequently offered. The single-bathroom layout is a functional constraint but aligns with entry-level family or downsizer demand in this corridor. The estimated value near $1.26 million positions it competitively against detached houses in the same suburb, which typically command a premium for land. The property serves best for buyers seeking a foothold in a quiet, established southeastern pocket without the maintenance of a full house. The auction format introduces execution risk, as buyer sentiment in this price band can shift quickly with broader market conditions. The single bathroom may deter families with children or those planning for long-term occupancy, potentially narrowing the buyer pool. However, this also creates an opportunity for investors or owner-occupiers who can negotiate on that basis. The street’s low property count suggests limited turnover, which historically supports price stability and reduces the risk of oversupply in the immediate vicinity.