17/42-44 Verdon Street, Williamstown VIC 3016
17/42-44 Verdon Street, Williamstown VIC 3016
2 bedroom, 1 bathroom, 1 car space, fully renovated flat on a 2011 m² shared lot in Williamstown’s heritage zone. Features include microcement finishes throughout custom joinery, bespoke kitchen, built-in robes in each bedroom, floorboards and split-system air conditioning. This renovation is comprehensive placing the property above standard unrenovated units in the suburb.
This property is distinguished by its high-quality renovation which is rare among flats in Williamstown’s heritage precinct. The use of microcement and custom joinery elevates the interior above typical stock offering a turnkey home that requires no immediate work. its location near Williamstown High School adds family appeal while the heritage overlay contributes to neighbourhood character. The unit is best suited to buyers seeking an updated low-maintenance property in a well-established suburb without the time and cost of renovation.
The shared lot and heritage overlay may influence long-term value. Body corporate fees associated with the shared land might affect holding costs heritage restrictions could limit future modifications which may be a consideration for buyers planning changes. The single car space might not suit all households potentially narrowing the buyer pool. Rental yield considerations should be weighed against these factors when forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 17/42-44 Verdon Street, Williamstown VIC 3016
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Williamstown’s market is underpinned by its enduring lifestyle appeal and constrained supply, fostering resilience. Demand is driven by buyers seeking established amenity and limited stock, supporting values despite recent price adjustments. The market is currently balanced, with houses experiencing moderate price recalibration while units show varied performance. Future growth will rely on the suburb’s inherent desirability, though broader economic conditions present a key sensitivity.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
2011m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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