1/13 Rose Avenue, Boronia VIC 3155
1/13 Rose Avenue, Boronia VIC 3155
modern townhouse | Boronia edge | low-maintenance | walk-to-train
This two-bedroom townhouse presents a competitively rare configuration in Boronia: a street-fronted, low-maintenance property with two full bathrooms and a private courtyard, positioned within walking distance of the train station and Knox Westfield. The ground-floor layout, with its covered alfresco deck and remote garage with internal access, offers a turnkey solution for owner-occupiers seeking convenience or investors targeting the strong rental yield of $590 per week. The absence of overlays and connection to NBN Fibre to the Curb add supporting value, but the primary buying case rests on the propertyโs ability to serve downsizers, first-home buyers, or professionals who prioritise location and minimal upkeep over land size.
The key risk is the limited land component on a 262mยฒ lot, which constrains future capital growth compared to larger townhouses or houses in the area, and the propertyโs recent renovation may already price in much of its upside. The buyer should verify the age and condition of the split-system heating and cooling, as well as the instantaneous hot water system, to avoid early replacement costs. The opportunity lies in the strong rental demand and the propertyโs positioning near Boroniaโs transport and retail core, which supports consistent occupancy. Hold this property as a long-term income-producing unit or a low-maintenance home, and avoid overpaying beyond the $700,000 estimated value.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1/13 Rose Avenue, Boronia VIC 3155
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.