1/59 Lahinch Street, Broadmeadows VIC 3047
1/59 Lahinch Street, Broadmeadows VIC 3047
This is a 2-bedroom, 2-bathroom townhouse on a 190m² lot. It is the largest land holding in its complex, and its asking range sits above the typical unit profile for Broadmeadows, suggesting a premium offering in a rising market.
What is competitively strong here is the land size. At 190m², this townhouse commands a footprint that is uncommon for its unit type in this area, giving it a tangible edge over neighbouring configurations. It is positioned in a contemporary townhouse community that appeals to small families or investors looking for a low-maintenance property with room to breathe. The suburb itself is seeing value growth, and this unit sits at the higher end of that curve, which means it is likely to attract buyers who want more space without stepping up to a detached house. It serves best those who prioritise land and a modern finish over the number of bedrooms.
What may materially affect the price is the configuration trade-off. While the land is generous, the property offers only two bedrooms, which could limit its appeal to families who need three. The absence of a third bedroom may also cap its rental yield compared to larger units in the same complex. Buyers should weigh whether the extra land justifies the premium over nearby townhouses that offer more bedrooms on smaller lots. The lack of specific data on finishes or aspect means the final price will depend heavily on the condition and orientation of the unit itself.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/59 Lahinch Street, Broadmeadows VIC 3047
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Broadmeadows is a working-class suburb with strong investor appeal, driven by robust capital growth and solid rental yields. Recent price momentum is significant, supported by steady turnover and a tight rental market. Future demand is underpinned by its established transport links and relative affordability, though sensitivity to economic conditions and interest rates presents a key constraint on sustained growth.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
-
Land
191m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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