23 Molesworth Cres, Donnybrook VIC 3064
23 Molesworth Cres, Donnybrook VIC 3064
Compact 3-bed townhouse | 133sqm land | active street 63% clearance | FTTP NBN & 5G | Donnybrook Primary catchment
The property’s compact 133sqm land area is positioned as a low-maintenance entry point in a street with strong buyer demand, reflected by a 63% auction clearance rate and a median price near $590,000. Its three-bedroom configuration with FTTP NBN and 5G coverage serves well for remote workers or young families prioritising modern infrastructure. The school catchment for Donnybrook Primary and Mount Ridley P-12 further enhances its appeal.
An inconsistency in property classification between sources is a risk that may influence financing terms, so verification with the listing agent is recommended. The small lot size limits future subdivision potential but supports affordability. The nearby sale of 55 Molesworth Crescent at $672,000 for a larger dwelling indicates that if the property is acquired near the lower end of the price guidance range, there is potential for capital growth in a market with active turnover.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 23 Molesworth Cres, Donnybrook VIC 3064
Market Insight:
Donnybrook offers a semi-rural family lifestyle with convenient road access to the city. Demand is driven by families seeking spacious homes, supported by steady sales activity and rental returns above the metropolitan average. Recent price growth has been minimal, with market conditions characterised by a high volume of listings and sensitivity to interest rates, as reflected in low auction clearance rates. Future demand hinges on its appeal to first-home buyers and families, though growth is constrained by current affordability and significant supply on the market.