3/96 Station Road, Gisborne VIC 3437

3/96 Station Road, Gisborne VIC 3437
Modern townhouse | tightly held complex | low-maintenance living | strong owner occupancy | Gisborne family appeal This property presents a rare buying opportunity within a boutique complex of only eleven residences, where 65% owner-occupancy and 60% long-term residents indicate a stable, well-managed community that typically commands stronger resale conditions. The three-bedroom, two-bathroom configuration with two parking spaces serves downsizers, young families, or investors seeking low-maintenance living without compromising on modern finishes. Its positioning within Gisborneโ€™s tightly held residential area, combined with the private courtyard and attractive complex grounds, offers a configuration advantage over newer developments where density and transient tenancies are more common. The property is best suited to buyers prioritising immediate move-in quality and a secure, established neighbourhood. The primary risk stems from contradictory value estimates, with Domainโ€™s $760,000 townhouse assessment sitting above the $690,000โ€“$730,000 price guide, while Property.com.auโ€™s $655,000 villa estimate suggests potential overpricing. This discrepancy warrants careful comparison against the 14 three-bedroom units sold this year at a $627,500 median. The zero percent auction clearance rate and 34-day average market time signal a buyerโ€™s market where negotiation leverage exists. However, the post-2016 build quality and strong owner retention within the complex mitigate depreciation risk, and the private sale process allows for strategic offer timing. Buyers should verify land title details given the conflicting area data, but the propertyโ€™s modern condition and location within established school catchments present a solid long-term hold opportunity.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3/96 Station Road, Gisborne VIC 3437
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Market Insight:

This suburb presents a clear divergence between its established housing market and more accessible unit segment. Demand is anchored by owner-occupiers seeking family homes, evidenced by sustained price resilience and moderate sales activity, despite extended selling periods indicating selective buyer behavior. Recent growth has been solid, though with variable momentum across different property types. Future performance will hinge on broader economic conditions, with the primary constraint being affordability pressures in the house market, potentially steering demand toward the unit sector.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

264mยฒ

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