5/45 Vanessa Avenue, Highton VIC 3216

5/45 Vanessa Avenue, Highton VIC 3216
2-bed unit on 196m² lot | Larger footprint in complex | Northern light appeal | Steady value holder|This two-bedroom unit on a 196m² block suits downsizers or first-home buyers seeking low-maintenance living in a quiet residential pocket. Its generous land size stands out among similar units in the same street complex, where lots typically range from 123 to 160m², offering more outdoor space for gardens or patios than most neighbours. Practical single-level living with one bathroom and parking space aligns well with couple or retiree needs, minimising upkeep while providing dedicated off-street access. Positioned in a small block of eight units, it blends privacy with subtle community feel, away from busier roads yet close to local amenities. Buyers drawn to these properties often prioritise affordability and stability over expansion potential, favouring units like this for their straightforward utility. Comparable two-bedroom units on Vanessa Avenue have shown consistent sales over the years, from around $310k in 2017 to higher figures recently, reflecting reliable demand in Highton’s unit sector. The north-facing orientation enhances everyday livability by maximising natural light, a subtle edge in compact living spaces. Long-term, its above-average lot size within the complex supports holding value, as land scarcity bolsters appeal amid steady local interest in entry-level ownership. This setup positions it firmly for buyers eyeing enduring, no-fuss residency.

Market Insight:

Highton is a sought-after suburb of Geelong attracting professionals and families seeking established homes close to the city. House prices are generally above the Geelong average due to strong owner-occupier demand and lifestyle appeal. The suburb offers schools, retail precincts, and proximity to the Barwon River and Geelong CBD. Its elevated positions and leafy streets enhance its desirability.

PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

196m²

Built

Recent Assessments