1/12 Clarendon Street, Maidstone VIC 3012

3-bed unit, 2-car layout | Dinjerra zone, 268sqm lot | 58% clearance, 45-day market | 6 days listed, auction May 16 The property’s core advantage is its dual parking and 268sqm land component in a market where 3-bedroom houses median $825,000, positioning it as a lower-entry point into the suburb. The zoning to Dinjerra Primary School and Braybrook College supports family buyer demand, while the 60% owner-occupied street profile suggests stable neighbourhood character. For a buyer seeking a freestanding-style unit with land, this offers better configuration than typical apartments, and the short 6-day listing period may indicate motivated sellers. The primary risk is the unit classification itself, which can limit capital growth compared to standalone houses in the same suburb, and the auction clearance rate of 58% signals a market where buyer caution is present. The 2021 sale price of $652,500 provides a reference but does not guarantee current value given market shifts. Opportunity lies in the 5G and FTTC connectivity as a supporting feature for remote workers, and the absence of overlay restrictions gives renovation flexibility. Hold this property for steady rental yield or as a family starter home, not for short-term flipping.