1/18 Broughton Road, Surrey Hills VIC 3127
1/18 Broughton Road, Surrey Hills VIC 3127
4-bed townhouse on 325m² | 279m² internal | school catchment pull | low-maintenance family buy | Whitehorse council
This townhouse holds a genuine edge for family buyers who want the space of a house without the upkeep of a big block. Four bedrooms and three bathrooms across 279m² is generous for a townhouse, and the 325m² land footprint gives it more presence than typical infill stock. Positioned in Surrey Hills, it sits within a suburb defined by established homes and strong school demand, so the catchment alignment with Surrey Hills Primary and Box Hill Senior Secondary College is a meaningful draw. It serves best the professional family or downsizer who values layout, amenity, and a lock-and-leave lifestyle over land banking.
The absence of bushfire, flood, or heritage overlays simplifies due diligence and reduces the chance of hidden compliance costs. The 5G coverage and residential zoning are practical positives. What may influence value most is how the townhouse compares against detached houses in the immediate area, since land-rich properties often command a premium here. The internal size is strong, but the 325m² lot is modest by local standards, so the price may hinge on how much weight buyers give to the modern configuration versus traditional house appeal. Rental demand appears steady, though yields are likely tight.
|| Comparable Sales: 78 Broughton Road sold around $2.45M for a larger house on 672m² | 119 Broughton Road estimated near $1.8M for a 3-bed house | Property Price Band: $2.6M–$2.8M | Value Drivers: internal floor area, school catchment, low-maintenance layout
Detailed Independent Property Report prepared by PropCred Analyst team for 1/18 Broughton Road, Surrey Hills VIC 3127
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Surrey Hills is an inner-east Melbourne suburb anchored by strong transport links and top school catchments, with demand concentrated among families, downsizers, and professionals seeking period homes and leafy streetscapes. House values sit at a median near $2.2 million, though annual growth is mixed: recent indicators range from a 0.25% decline to 3.2% growth, while the quarterly REIV figure fell 6.4%. Units are more affordable, with medians from $847,500 to $945,000 and annual growth between 1.1% and 8.3%. Houses spend roughly 31–59 days on market, reflecting a moderately balanced market, while gross rental yields are low for houses at about 2.1% and higher for units at 3.3–4.0%. Demand drivers remain consistent: school quality, period housing, and connectivity underpin buyer interest. Key constraints are high entry prices and affordability, with sales volumes down 7.6% for houses and 15.7% for units year on year, and auction clearance rates at 69.2% indicating selective buyer activity.
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PropCred Estimated Value
Comparable Sales: 78 Broughton Road sold around $2.45M for a larger house on 672m² | 119 Broughton Road estimated near $1.8M for a 3-bed house | Property Price Band: $2.6M–$2.8M | Value Drivers: internal floor area, school catchment, low-maintenance layout
Bedrooms
4
Bathroom
3
Parking
2
Land
325m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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