1/93 Sussex Street, Pascoe Vale VIC 3044

Brand new 4-bed townhouse | 4 ensuites & 2 car spaces | Zoned Strathmore Secondary | Completion early 2026 This property presents a competitively strong proposition within its market segment, primarily due to its rare configuration of four bedrooms each with an ensuite bathroom, a feature uncommon in new townhouse developments. Its zoning for the highly sought-after Strathmore Secondary College catchment creates immediate and sustained demand from families, a demographic well-served by the low-maintenance, multi-level layout and the walkable village amenities. The property’s position as a street-fronting unit in a small boutique development of seven distinguishes it from typical strata complexes, offering a more substantial presence and direct street access. The projected completion in early 2026 positions it for a buyer seeking a modern residence without the delays of a full construction timeline, capitalising on the current scarcity of new, high-specification family housing in the area. The primary decision hinges on reconciling the developer’s current price guide with the established value signals from the immediate vicinity. The significant variance between the listed guide and recent off-market valuations within the same development introduces a material pricing risk that must be commercially justified through superior finishes, position, or future capital growth assumptions. A buyer’s position is best secured by rigorously benchmarking against settled sales of comparable, established townhouses, as the premium for new construction must be weighed against the opportunity cost. This property is best held as a long-term family residence to fully realise the value of its school zoning and liveability features, rather than as a short-term vehicle. Proceed with an offer strategy anchored to demonstrable comparable evidence, as the quoted guide appears aspirational against the available data. * **4/93 Sussex Street, Pascoe Vale:** Off-market, estimated at $603,000 (758m² shared land). * **5/93 Sussex Street, Pascoe Vale:** Listed for rent, estimated at $600,000 (2 bed, 1 bath, 1 car space). These internal benchmarks suggest a value gradient within the development based on size and configuration. The subject property’s larger format commands a premium, but the scale of that premium above the $600k-$630k range for smaller units in the same project requires clear justification from recent, external arm’s-length sales to support the current guide.