1/11 Aubrey Grove, Boronia VIC 3155

1/11 Aubrey Grove, Boronia VIC 3155
Large family unit | substantial 487sqm land | quiet Boronia pocket | strong rental yield potential This unit presents a rare configuration for Boronia: a four-bedroom, three-bathroom dwelling on nearly 500sqm of land, effectively offering townhouse-style living within a unit classification. For a buyer, this means more internal space and private outdoor area than typical competitors, with the price point likely below standalone houses in the same school zone. The property serves families seeking Wattle View Primary and Boronia K-12 College access, or investors targeting the high-demand rental bracket for larger groups. The absence of bushfire, flood, or heritage overlays reduces compliance risk and insurance premiums. The principal risk lies in the unit designation, which may limit capital growth compared to house-zoned land and could affect financing or resale buyer pool. However, the large allotment and multiple bathrooms create a strong rental floor at approximately $680 per week, offsetting holding costs. Commercial logic supports purchasing below the $859,000 estimate to capture immediate equity. Hold this property as a long-term family rental or eventual owner-occupier upgrade, given its unusual size and low overlay risk.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1/11 Aubrey Grove, Boronia VIC 3155
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Market Insight:

Boronia is a well-established sub-regional centre with a stable, owner-occupied demographic. Demand is driven by families and supported by strong auction clearance rates, indicating competitive market conditions. Recent price trends show consistent, moderate growth across both houses and units, with properties transacting swiftly. Future growth is underpinned by its role as a local hub, though relative affordability compared to Greater Melbourne presents a key constraint on price escalation.
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PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

2

Land

487mยฒ

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