2/4 Eva Street, Clayton VIC 3168

2/4 Eva Street, Clayton VIC 3168
3 bedrooms, 2 bathrooms, 2 car spaces. Townhouse built in 2012 on 186 square metres. No body corporate. Recently leased at $700 per week. This property sits below the typical price point for its suburb, which is notable because it offers modern construction and low maintenance without the premium usually attached to newer housing. The configuration is practical for a small family or a professional couple, and the two car spaces are generous for this type of townhouse. The rental demand is clearly strong, as evidenced by the lease achieved above typical estimates, which signals good investor appeal. It serves best a buyer who wants a modern, lock-and-leave home in an established area with access to major institutions, without paying for a large land component. The small land size relative to older houses in the area may influence long-term capital growth, as larger blocks typically appreciate more. The absence of body corporate could be a positive for some buyers but may also mean less formal maintenance oversight for common areas. The recent lease at $700 per week provides a realistic rental benchmark, which a buyer should weigh against their own holding costs and yield expectations. The 2012 build age means some systems may need attention within the next decade, though nothing urgent is indicated.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/4 Eva Street, Clayton VIC 3168
Checks found:
Value Risk ✓
Liquidity Risk ! 1
Planning Risk ✓
Income Risk ! 1
Execution Risk ! 1
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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

3

Bathroom

2

Parking

2

Land

186m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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