1/128 Broughton Road, Surrey Hills VIC 3127
1/128 Broughton Road, Surrey Hills VIC 3127
This property is a single-level freestanding house with 3 double bedrooms plus a study, one main bathroom and a second separate toilet, two car spaces, and timber floors throughout. The land size for the unit is estimated at 311 square metres. It sits metres from Wattle Park in a quiet private setting.
Its freestanding configuration with no shared walls is rare for a unit in Surrey Hills, giving it a privacy and spatial feel closer to a detached home. The location near Wattle Park adds immediate recreational amenity, while the suburb’s strong school catchment and low-density character support enduring demand. This property best serves downsizers who want single-level living without sacrificing a sense of ownership and space, or small families seeking a scaled-down house with park access and good schools. Its compact land footprint is offset by the efficiency of the floorplan and the convenience of being within a high-prestige neighbourhood where larger houses dominate.
The small land size (311 sqm) may limit upside compared to full-site houses in the suburb, and the unit classification could price it differently in buyers minds. However the freestanding nature might command a premium over attached villas. Leased status suggests existing rental demand, but a buyer should weigh whether the layout and site constraints align with their long-term plans. The absence of shared walls and the immediate park proximity are genuine differentiators that could hold value well despite the smaller parcel
Detailed Independent Property Report prepared by PropCred Analyst team for 1/128 Broughton Road, Surrey Hills VIC 3127
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Surrey Hills is a well-established, family-oriented suburb prized for its period homes and proximity to top schools, attracting professionals and downsizers. While the housing market has seen recent price adjustments, the unit sector demonstrates stronger growth momentum. Demand is underpinned by its timeless appeal and connectivity, though high prices and fluctuating auction clearance rates indicate sensitivity to broader affordability pressures.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
311m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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