1/24 Madeleine Road, Clayton VIC 3168
1/24 Madeleine Road, Clayton VIC 3168
3-bed single-level | north-facing deck | internal double garage | Monash precinct demand | boutique low-rise pocket
This unit stands out in Clayton because it delivers genuinely townhouse-style living in a compact, low-maintenance form. Three bedrooms, two bathrooms, and two car spaces under one roofline, with private front and rear outdoor areas, is a configuration that rarely appears in this pocket — most comparable stock is smaller, older, or lacks the garage and deck combination. The north-facing outdoor space is a real competitive edge, extending the usable living area and giving the home a warmer, more open feel than typical ground-floor units. It suits owner-occupiers — couples, small families, or downsizers — who want the practicality of a house without the upkeep of a large block, and who value being minutes from the hospital, university, and station.
Value will likely hinge on how the internal layout compares to newer townhouse product nearby, given the single-level plan and the absence of confirmed build-year or land-size details. The double garage and north-facing deck are strong differentiators that may support a premium over more basic units, but the property’s price band could be tempered by its smaller footprint relative to larger townhouse-style competitors in the street. Buyers should weigh whether the low-maintenance appeal and location density justify the guide, particularly given the mixed quality of nearby stock and the potential for ambient noise from the busy institutional and transport corridor.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/24 Madeleine Road, Clayton VIC 3168
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Clayton’s house market holds a median price of $1,347,500, up 12.3% over the year, though the latest quarter fell 6.5%—a clear sign the cycle is turning. Units are softer, with medians around $730,000 and annual growth flat to negative; the most recent quarter dropped 10.4%. Houses sell in roughly 33 to 39 days, a measure of resilient but cooling demand. Gross yields tell the demand story: houses return only 2.7–2.8%, pointing to owner-occupier appetite, while units yield 4.8–5.2%, attracting investors despite falling prices. Affordability is the key constraint: incomes sit well below the Melbourne average, and this deepens the risk of further price adjustments, particularly if interest rates remain elevated. No supply or demographic data was available, leaving the suburb’s medium-term trajectory dependent on broader market conditions.
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PropCred Estimated Value
Comparable Sales: 3-bed unit at 1/44 Madeleine Road valued near $1.14M; 4-bed townhouse at 2/28 Madeleine Road estimated at $1.018M | Property Price Band: $800K–$900K | Value Drivers: north-facing deck, internal double garage, single-level layout
Bedrooms
3
Bathroom
2
Parking
2
Land
314m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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