1/153 Barrabool Road, Highton VIC 3216

1/153 Barrabool Road, Highton VIC 3216
3-bedroom townhouse | 2-bath, 2-car configuration | low-density owner-occupied complex | above-median positioning in Highton This property sits in a small nine-dwelling complex where 90% of residents are owner-occupiers, which typically translates to better upkeep, quieter common areas, and more stable capital growth than rental-heavy blocks. The two-bathroom, two-car configuration is genuinely rare for a three-bedroom unit in Highton and gives it a clear edge over the typical one-bathroom offering in this price segment. The land size of 481 square metres is unusually generous for a unit and may offer future subdivision or extension potential, though this should be verified against the strata plan. The property is best suited to families wanting single-level living or downsizers who value space and parking, and its proximity to Highton Primary School adds practical appeal for buyers with young children. The main risk is price positioning: the guide sits well above the suburb median for three-bedroom units, and the comparable at the same address with a lower guide suggests the premium must be justified by condition, orientation, or internal fit-out. The land size may be a lot entitlement rather than exclusive use area, so a title search is essential before relying on that figure. Flood overlay on a nearby comparable is a reminder to check the property’s own planning certificate. The opportunity lies in the low-density, owner-occupied character of the complex, which tends to hold value better during market corrections. Hold this property as a long-term family home or as a low-maintenance investment in a stable suburb with good school demand.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1/153 Barrabool Road, Highton VIC 3216
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Market Insight:

Highton presents a well-established market with strong fundamentals, appealing to both first home buyers and investors. Demand is broad-based, supported by recent infrastructure enhancements and a notably undersupplied rental market, particularly for houses. Recent sales activity indicates robust momentum, though planned new supply remains insufficient to meet current demand levels. This persistent undersupply, coupled with interest rate sensitivity, represents the primary constraint on future affordability and growth.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

4023mยฒ

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