109/18 Lomandra Drive, Clayton South VIC 3169
109/18 Lomandra Drive, Clayton South VIC 3169
2 bed, 2 bath, 1 car | modern apartment in high owner-occupier block | strong local clearance rate | aligned with suburb median
This apartment at 109/18 Lomandra Drive sits in a building where roughly 70% of residents are owners, a configuration that typically supports better capital preservation and quieter common areas than investor-heavy blocks. The walk-in robe and ensuite to the main bedroom are uncommon in this price band and give it a genuine owner-occupier edge over comparable two-bedroom units in Clayton South. The property is priced in line with the suburb median for its type, and with an 82% auction clearance rate in the local unit market and an average of just 25 days on market, the buying window here is narrow but the demand fundamentals are solid. This unit best suits a first-home buyer or downsizer seeking a low-maintenance home with good school proximity.
The primary risk is that the property sits within a 81-unit complex, meaning future resale competition from similar floorplans within the same building is a real consideration. The 2017 last sale date with no disclosed price leaves a gap in understanding the vendor’s cost base, which could affect negotiation flexibility. On the opportunity side, the nearby Westall Secondary College and Clayton South Primary School catchment adds a layer of family buyer demand, and the 30% rental presence in the building provides a natural pool of future tenants should the buyer’s circumstances change. The property is turnkey, which removes immediate capital outlay risk.
Detailed Independent Property Report prepared by PropCred Analyst team for 109/18 Lomandra Drive, Clayton South VIC 3169
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Clayton South presents a dynamic, mixed-use suburb with strong residential demand, particularly from younger families and owner-occupiers. This demographic is driving a consistently high sales volume and robust auction clearance rates, indicating sustained buyer competition. The market shows solid growth for houses, while unit performance is more varied. Future prospects are supported by its established infrastructure and diverse zoning, though recent increases in days on market and softening auction results signal a market becoming more sensitive to broader economic conditions.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
2561m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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