13 Menzies Street, Charlton VIC 3525
13 Menzies Street, Charlton VIC 3525
3-bedroom house on 1090sqm | Charltonโs stable owner-occupied street | priced below local median | walking distance to St Josephโs School
This property offers a rare combination in Charlton: a large 1,090 mยฒ block on a street with 100% owner-occupancy, indicating low turnover and a quiet residential character. The asking price sits slightly below the local median for three-bedroom houses, which positions it competitively for buyers seeking affordable entry into a stable regional town. Its proximity to St Josephโs School and Charlton College makes it suitable for families or investors targeting long-term tenants in a low-supply market.
The primary risk is the inconsistency in online records regarding the bedroom count and land size, which must be verified against the title and a physical inspection. If the property is actually two bedrooms, its value proposition weakens significantly. However, if confirmed as three bedrooms on the full 1,090 mยฒ, this represents a rare opportunity to secure a well-sized home in a tightly held street, with potential for future subdivision or extension given the block dimensions.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 13 Menzies Street, Charlton VIC 3525
Market Insight:
Charlton presents as an affordable regional market with modest turnover, attracting a mix of family and single households. Demand is supported by investors drawn to high rental yields, though overall sales activity remains low. Recent price trends show mixed signals with some evidence of softening, indicating a market in a state of flux. Future growth is constrained by limited supply turnover, while its key advantage remains its relative affordability within the broader regional context.