9A Evan Street, Parkdale VIC 3195
9A Evan Street, Parkdale VIC 3195
4-2-2 house with 2-car garage | 422m² block in Parkdale | school-catchment family demand | compact low-maintenance footprint | ordinary finish level
This 4-bedroom, 2-bathroom house with two garage spaces is positioned on a compact 422m² block in a streetscape where detached houses, townhouses and units sit side by side. The floorplan is considered a genuine advantage for family buyers, as separate bedrooms, multiple living zones and parking are delivered without the burden of a large garden. Parkdale’s family-oriented demand is well served by this configuration, especially with public schooling within walking distance and the bayside strip a short drive away. The property is best read as solid, honest family stock rather than a premium offering; its competitive edge lies in configuration and convenience, not finishes.
Price may be affected most by kitchen and bathroom condition, as indexed finishes are standard. Extension potential might be limited by the compact land size, while the mixed streetscape could broaden appeal but reduce the premium larger homes attract. More weight may be carried by presentation and recent updates than by raw configuration.
Detailed Independent Property Report prepared by PropCred Analyst team for 9A Evan Street, Parkdale VIC 3195
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Parkdale, a bayside suburb in Melbourne’s south-east, is anchored by stable professional households: 76% owner-occupied and 71% families. Demand is driven by families seeking beachside living with strong local schools, while Parkdale station and planned level-crossing removals support connectivity. House prices have firmed to a median of roughly $1.59 million, with annual growth between 4.9% and 8.5% depending on source; units sit near $800,000, though one data set shows volatility. Stock turns in 30–55 days, reflecting tight supply and competition. Future growth relies on infrastructure upgrades and limited new supply, but affordability constraints and interest-rate sensitivity for mortgaged owners temper upside. Gross yields remain low at about 3.4%.
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PropCred Estimated Value
Comparable Sales: 42 Evan St townhouse (4-bed) sold $1.845M in 2023 | Listed Price Band: $1.4M-$1.5M | Value Indicator: kitchen/bathroom condition, 422m² land size, layout appeal
Bedrooms
4
Bathroom
2
Parking
1
Land
422m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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