1/11 Railway Avenue, Ashwood VIC 3147
1/11 Railway Avenue, Ashwood VIC 3147
4 bed 4 bath townhouse | 2014 build near station | Parkhill and Ashwood High zones | 298 mยฒ low-maintenance lot | 4 ensuites for multi-gen use
This townhouse is competitively positioned as a rare high-spec four-bedroom offering in Ashwood, where most newer townhouses are two to three bedrooms. The four ensuites, premium finishes like double glazing and hardwood floors, and dual living zones make it a strong fit for families needing school access or multi-generational households seeking self-contained bedrooms. Its location within Parkhill Primary and Ashwood High School catchments, combined with proximity to Jordanville Station and Chadstone, gives it an edge over standard townhouse stock in the area. The 298 mยฒ lot with enclosed front yard and double garage offers low-maintenance living without sacrificing space, making it most suitable for family buyers or downsizers wanting modern finishes and transport convenience.
The price may be influenced by the unusual four-ensuite configuration, which could narrow the buyer pool compared to a standard three-bedroom townhouse, though it also commands a premium for those needing that layout. The 2014 build age means modern construction standards but may not attract the highest premium of brand-new stock. Its position on Railway Avenue, a collector road, might introduce some traffic noise that could affect value for noise-sensitive buyers, though the double glazing may mitigate this. The rental yield signal is low, suggesting this property is best suited to owner-occupiers rather than investors focused on return.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1/11 Railway Avenue, Ashwood VIC 3147
Market Insight:
Ashwood is an established inner-east suburb with a stable, family-oriented market. Demand is driven by owner-occupying families attracted to its housing stock and proximity to the city and schools. Recent price trends show modest house growth, while the unit market has experienced volatility. Future prospects are underpinned by its established appeal, though high price points and sensitivity to economic conditions present constraints on affordability and stronger capital growth.