1/145 Summerhill Road, Glen Iris VIC 3146
1/145 Summerhill Road, Glen Iris VIC 3146
Single-level freestanding villa on own title | 372m² solid brick | 3 bed plus study | Leafy Summerhill Road | Courtyard garden focus
The property’s freestanding villa format on its own title is genuinely uncommon for Glen Iris, where much of the medium-density stock is strata-titled apartments or attached units. Single-level solid brick construction, a private courtyard, and a compact 372m² allotment deliver a house-like feel with far less maintenance than a large family home. That combination makes it a natural fit for downsizers, professional couples, and smaller families who want Glen Iris convenience, school access, and a quiet tree-lined street without taking on a big garden or a prestige property price tag. It sits between the suburb’s entry-level apartments and its larger detached houses, giving it a clear and defensible niche in the local market.
The modest land size may keep future expansion or redevelopment options tighter than for larger street holdings, so a buyer focused on long-term capital growth should weigh that carefully. Interior presentation and any recent upgrades might carry more weight than typical, since the marketing highlights condition over period character. Exact school catchment boundaries and the home’s aspect may also influence how quickly it appeals to family buyers, so verification before bidding would be prudent.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/145 Summerhill Road, Glen Iris VIC 3146
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
2
URL has been copied successfully!
Market Insight
Glen Iris, 10km from the Melbourne CBD, remains a tightly held, family-oriented market. Established families and professionals dominate demand, supported by excellent schools, parklands and high outright ownership (37.9%). House prices sit around $2.5m–$2.7m across sources, but annual growth signals are mixed, ranging from -5.7% to 10.7%, reflecting rate sensitivity. Units median between $615k and $718k, with most sources showing negative annual growth (as low as -13.8%) despite one quarterly gain of 10.4%. Stock turns quickly: houses sell in 25–38 days. Gross yields are thin for houses (2.1%–2.4%) but healthier for units (4.1%–4.8%). The key constraint is affordability at the top of the market, leaving limited buffer for further rate stress; sustained demand relies on the suburb’s transport links and school catchment.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 68 Summerhill Rd $1.4M; 3/46 Summerhill Rd $0.8M | Property Price Band: $1.1M–$1.2M | Value Drivers: solid-brick build, single-level layout, courtyard garden land size
Bedrooms
3
Bathroom
1
Parking
2
Land
372m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!