1/645 Canterbury Road, Vermont VIC 3133

Modern townhouse | 3 beds plus retreat | flood overlay present | catchment schools | recent renovation This modern townhouse presents a competitively strong offering for a first-home buyer or investor, given its three-bedroom configuration with a private master retreat, recent renovation, and position within established school catchments. Its low-maintenance design and double garage align with high local demand from families, though its detected flood overlay requires immediate due diligence. The property’s estimated valuation above its listed price band indicates market recognition of these attributes. Proceed only after obtaining a detailed flood report to quantify insurance costs and resale impact; this risk materially affects long-term cost and liquidity. The concurrent rental listing signals investor appeal, and the modern finish supports strong tenant demand. Acquire at the lower end of the advertised range to buffer the flood risk, and hold as a long-term rental to capitalize on the family-oriented location and stable suburb profile.