20 Mount View Avenue, Parkdale VIC 3195
20 Mount View Avenue, Parkdale VIC 3195
4/3/2 family footprint | Parkdale Primary zone | owner-occupier street | mid-century feel | premium bracket
A four-bedroom, three-bathroom layout is rarely seen in the established Mount View Avenue streetscape, where most family homes are configured with two bathrooms. The third bathroom and double garage are expected to be valued by families who share morning routines or host guests regularly. The property is positioned within the Parkdale Primary and Parkdale Secondary catchments, which anchors demand from school-focused owner-occupiers. These buyers are typically driven by long-term family utility rather than investment metrics, so the house is likely to be pursued by genuine home buyers as opposed to speculative interest. The street’s mid-century housing stock, combined with larger lot sizes, creates a settled neighbourhood character. This house is best suited to a family seeking a move-in-ready home in a bayside suburb with strong school links and a stable community feel.
The final price may be influenced by the quality of interior finishes, as the street contains both original mid-century detailing and more recent reconfigurations. The size and usability of the land parcel could also be expected to affect the outcome, given that larger lots in this street have transacted at a noticeable premium. Whether the third bathroom is the result of a full renovation or a partial update should be weighed carefully by a buyer, as that distinction can alter perceived value. Market timing may also be a factor, with the broader bayside segment showing varying clearance rates across recent periods.
Detailed Independent Property Report prepared by PropCred Analyst team for 20 Mount View Avenue, Parkdale VIC 3195
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
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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: 10 Mount View Avenue ($1.6M), 8b Mount View Avenue ($1.265M) | Property Price Band: $1.7M–$1.8M | Value Drivers: internal condition, usable land size, third-bathroom layout
Bedrooms
4
Bathroom
3
Parking
2
Land
756m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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