G5/141 Stephen Street, Yarraville VIC 3013

G5/141 Stephen Street, Yarraville VIC 3013
3-bed 2-bath 2-car townhouse | walkable to Yarraville Village | no overlay constraints | family-oriented format | boutique low-rise scheme A three-bedroom, two-bathroom townhouse with two secure car spaces is a genuinely uncommon configuration in this pocket of Yarraville, where much of the recent stock is two-bedroom apartments with one parking bay. That extra bedroom and second bathroom give the property enough flexibility for a young family or a downsizer who still wants room for guests and a home office. The location is tightly held and village-oriented, with the train station and the daily retail strip within an easy walk. This townhouse is likely to appeal most to owner-occupiers looking for low-maintenance living without giving up space and parking, rather than to investors chasing pure rental efficiency. The value of the townhouse may be shaped by how the internal finishes and shared-site conditions compare with other modern units in the area, since those details are not yet fully verifiable. A buyer might need to weigh potential owners- corporation fees and the practical impact of shared access, as these can affect both outgoings and appeal. Market performance for similar units on the street has been mixed, so the final price may depend on presentation and how well the layout matches current buyer preferences for separate living zones and parking.
Detailed Independent Property Report prepared  by PropCred Analyst team for G5/141 Stephen Street, Yarraville VIC 3013
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ✓
Execution Risk ✓
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Market Insight

Yarraville is a sought-after inner-west suburb, attracting young professionals and small families seeking a vibrant lifestyle with city proximity. This demographic drives stable demand, reflected in a resilient house market, though high prices present an affordability constraint. Units offer a more accessible entry point with recent divergent price trends, indicating a nuanced market. Future growth is underpinned by its established appeal, yet the premium pricing and variable unit performance require careful consideration.
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PropCred Estimated Value

Comparable Sales: 116 Stephen Street sold $985,000; 205/200 Stephen Street sold $720,000 | Property Price Band: $800k-$900k | Value Drivers: parking count, floorplan functionality, village proximity

Bedrooms

3

Bathroom

2

Parking

2

Land

876m²

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