1/1A Evelyn Grove, Healesville VIC 3777
1/1A Evelyn Grove, Healesville VIC 3777
Front position in boutique block | two-bedroom unit | walk to Healesville Main Street | 280sqm lot with car space
This unit offers a rare combination of a low-maintenance footprint with genuine walkability to Healesvilleโs retail and dining strip, making it a strong option for downsizers or investors seeking a lifestyle base without car dependency. The front positioning in a small block provides easier access and a slight privacy edge over rear units, while the 280sqm lot is generous for an apartment and could support minor landscaping or secure storage. The propertyโs long hold since 2003 suggests stable ownership and limited turnover, which often correlates with fewer maintenance surprises and a quieter body corporate.
The main risk here is valuation uncertainty, given the spread between estimates and the absence of recent comparable sales for this exact unit. Buyers should treat the lower end of the range as the realistic entry point and negotiate accordingly, particularly since the listing has been active for over a year without clear price movement. There is no rental history available, so income projections will rely on broader Healesville yields rather than property-specific data. For a buyer seeking a solid, liveable base in a sought-after Yarra Valley town, this unit works best as a hold-and-enjoy proposition rather than a short-term flip
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1/1A Evelyn Grove, Healesville VIC 3777
Market Insight:
Healesville presents a mature, established market with a demographic skew towards older, outright owners and childless couples, indicating a stable, low-turnover environment. Demand is driven by this demographic seeking lifestyle and security, supported by strong auction clearance rates. Recent price trends show moderate house growth, though unit performance is mixed with longer market times. Future growth is underpinned by sustained lifestyle appeal, yet constrained by notably declining sales volumes, particularly for units, suggesting a tightening market with potential supply and liquidity pressures.