6 Evelyn Street, Clayton VIC 3168
6 Evelyn Street, Clayton VIC 3168
This is a four-bedroom, two-bathroom townhouse built in 2000 with two car spaces on a 292-square-metre lot. It occupies a street-front position within a small complex at number 6.
What is competitively strong here is the combination of a larger land size for a townhouse and a street-front position, which is considered highly desirable for this property type. The configuration of four bedrooms makes it genuinely suitable for families or shared accommodation, while the five-to-ten-minute walk to Monash University creates a structural rental demand that is not easily replicated. This townhouse serves an investor seeking a high-demand rental near a major institution, or a family wanting a larger home close to the university precinct. It sits in a suburb where townhouse lots are often smaller, giving this property a positioning advantage for those who value outdoor space without moving to a standalone house.
The age of the building, now approximately 26 years old, may mean some maintenance or updating is required compared to newer townhouses, and this should be weighed when forming a view on price. The proximity to a major university brings strong rental demand, but it may also introduce noise or turnover from student occupants. The difference between this townhouse and the standalone house at the same street number is a factor a buyer should clarify regarding ownership structure and ongoing costs. Overall, the property’s location and size offer a solid basis for value, though its age and potential for university-area trade-offs are worth considering.
Detailed Independent Property Report prepared by PropCred Analyst team for 6 Evelyn Street, Clayton VIC 3168
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Clayton presents a compelling yet nuanced market, with its housing sector demonstrating robust growth while the unit market shows signs of softening. Demand is anchored by affordability relative to broader Melbourne, attracting buyers seeking value. Recent conditions indicate houses transact efficiently, though price momentum has moderated. Future performance hinges on overcoming underlying affordability constraints and a potential divergence in strength between detached homes and apartments.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
165m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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