1/32 The Avenue, Belmont VIC 3216

1/32 The Avenue, Belmont VIC 3216
3/2/2 townhouse | river-end Belmont pocket | north-facing living domain | low-maintenance land component | strong downsizer and family profile This townhouse is positioned in a tightly held river-end pocket of Belmont, where its north-facing living domain and low-maintenance land component are considered competitive features for downsizers and professional couples. The configuration of three bedrooms, two bathrooms, and two car spaces is regarded as a practical fit for families wanting house-like space without the maintenance burden of older detached stock. The location is zoned for Roslyn Primary and Belmont High schools, further supporting its appeal to owner-occupiers. Factors that may affect the property’s value include the reported land size discrepancy between the advertised 429 mยฒ and an alternate record, which could influence perceived land value and future flexibility. The absence of a confirmed build year for this specific townhouse might also be weighed when assessing its condition relative to newer infill product. Rental demand is supported by the low-maintenance format and premium pocket, but yield should be tested against current market evidence.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1/32 The Avenue, Belmont VIC 3216
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Market Insight:

Belmont presents as a stable, family-oriented suburb with a high rate of owner-occupancy, underpinned by a professional demographic. Demand is driven by these established households, with the unit segment showing notably stronger recent performance. Overall house price growth has been modest, with the market demonstrating steady turnover. Future prospects are supported by consistent sales activity and solid rental demand, though broader affordability pressures and interest rate sensitivity present ongoing constraints to stronger capital growth.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

429mยฒ

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