1/395 Humffray Street N, Brown Hill VIC 3350
1/395 Humffray Street N, Brown Hill VIC 3350
This is a three bedroom, two bathroom unit in a multi-unit development, with one car space and a substantial 396 square metre lot. It dates from the post-2000 period, consistent with modern finishes. The property’s key advantage is its larger than average land size for a unit in Brown Hill, giving it a house-like footprint. It sits in a suburb that is growing in demand due to its affordability and proximity to Ballarat Central.
This property holds a competitive edge within Brown Hill’s unit market due to its larger land size and three bedroom two bathroom layout, which are unusual for units in this suburb. It reads more like a detached house in terms of space and function, giving it a rare positioning among local unit stock. The modern build age suits buyers seeking a turnkey property with minimal immediate work. Brown Hill itself is transitioning from semi-rural to a more residential character, and this location offers affordable access to Ballarat Central. The property is particularly suited to first-home buyers or investors targeting a growing area, though its configuration also appeals to small families wanting a balance of space and practicality.
The land size discrepancy between sources may introduce a minor valuation variance, though the larger figure is used here. The property’s value might be influenced by its position within a multi-unit development, which could affect privacy and negotiation on body corporate matters. Limited public transport and nearby amenities in Brown Hill may temper demand from some buyers, while the lack of confirmed school catchments might require external verification for families. These factors should be weighed when forming a view on price, but they do not diminish the property’s core strengths.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/395 Humffray Street N, Brown Hill VIC 3350
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
This suburb presents a stable entry point with a clear price differential between houses and units. Recent market activity indicates steady demand, with houses transacting at a measured pace. The unit segment has demonstrated notable price momentum, supported by attractive rental yields that appeal to investors. While house price growth has been consistent, the stronger performance in the unit market highlights its relative affordability and investment appeal. Future growth will be influenced by broader economic conditions and local supply dynamics, with the established price gap between property types offering distinct opportunities for different buyer profiles.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
321m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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