3/180 Mitchell Street, Maidstone VIC 3012
3/180 Mitchell Street, Maidstone VIC 3012
3/180 Mitchell Street, Maidstone VIC 3012 is a 3-bedroom, 1-bathroom townhouse with 2 car spaces on a 601m² titled lot. It is zoned for Dinjerra Primary and Braybrook College.
This townhouse is competitively positioned in Maidstone due to its generous land holding. At 601m², the lot is unusually large for a unit or townhouse configuration, offering a dimension more typical of standalone houses in the area. This provides a rare combination of a low-maintenance, titled townhouse with substantial outdoor space, which is a strong draw for families seeking a private yard without the overhead of a full house. Its location within the Dinjerra Primary and Braybrook College zones adds to its family appeal, and the absence of bushfire, flood, or heritage overlays simplifies ownership. The property is best suited to families or investors who value land content and school proximity over a premium finish.
The property’s value may be influenced by its single-bathroom configuration, which can limit appeal for larger families or those seeking a higher-end rental profile. The recent sale of the entire block of units in May 2025, while price undisclosed, suggests a market test for the site’s overall value. Given the estimated price point, the rental yield is modest at around 2.26%, which may affect investor demand. Buyers should weigh the land size advantage against the need for potential updates, as the property’s age and finish are not specified. This creates an opportunity to add value through renovation, particularly if the bathroom or kitchen can be improved.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/180 Mitchell Street, Maidstone VIC 3012
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Maidstone is positioned as an evolving inner-west suburb offering a blend of established homes and newer townhouses, with proximity to key retail and riverfront amenities. Demand is increasingly driven by young couples, first homebuyers, and investors, attracted by its developing café culture and diverse housing mix. Recent price trends indicate a stabilising market with some price sensitivity, where houses are taking longer to sell, reflecting a more cautious buyer sentiment. Future growth is underpinned by its ongoing renewal and location, though the extended selling periods present a key constraint, signalling a market requiring patience.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
195m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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