145/146 Boundary Road, Pascoe Vale VIC 3044

Landscaped retirement village | villa-style units | downsizer focus | flood overlay | mixed layouts This property sits within a substantial retirement-living community rather than as a standard house on its own block. That makes it unusual in Pascoe Vale, where most stock is conventional family housing. The village format offers shared amenities, low-maintenance grounds, and single-level living, which appeals strongly to downsizers and older buyers seeking security and convenience. Individual units vary in size and finish, so the exact configuration matters more than usual. The broad site and low building coverage suggest a spacious, landscaped environment that feels quieter and more private than typical suburban villa developments. Buyers best suited are those prioritising lifestyle and ease over speculative redevelopment potential. Value may be influenced by the specific unit’s layout and condition, since village properties with three bedrooms and two bathrooms tend to command noticeably more than compact two-bedroom versions. The flood overlay and special building overlays might limit future alterations or extensions, which could affect buyer interest at the top end of the price range. Retirement-village ownership also narrows the buyer pool compared with freehold houses, so resale can take longer. That said, demand from downsizers remains steady, and well-presented units with updated interiors and good amenity access tend to hold their value reasonably well. >> Comparable Sales: unit in same complex sold April 2021 for $685k; another 2-bed unit recorded at $615k | Property Price Band: $600k–$700k | Value Drivers: unit layout, internal condition, village amenity access