1/25 Maling Road, Canterbury VIC 3126

Renovated townhouse | flood overlay present | rental upside narrows | school catchment key. The flood overlay constrains future extensions and may increase insurance costs by roughly 15-20%, effectively adding several thousand dollars annually to holding costs. The renovated interior and self-contained studio give this property a dual-income potential, but the 211m² block limits capital growth compared to nearby houses. For a buyer, this is a lifestyle-optimised townhouse best held as a low-maintenance home or investment with steady, not spectacular, appreciation. Proximity to Canterbury station and Maling Road’s village amenities secures strong demand from downsizers and young professionals. The comprehensive 2022 renovation eliminates immediate upgrade costs, putting you ahead of other renovated stock in the 1.2-1.32M bracket. The separate retreat with kitchenette is rare at this price point, providing genuine flexibility for multigenerational living or rental offset. This property best suits a buyer prioritising location and move-in condition over land area or development potential. To test how the flood overlay affects your insurance quotes and long-term plans, consult a building surveyor before auction day.