10A Gladstone Street, Surrey Hills VIC 3127
10A Gladstone Street, Surrey Hills VIC 3127
4-bed 3-bath townhouse on 427sqm | Built 2000 with modern floorplan | Strong school catchment appeal | Low-maintenance family offering in Surrey Hills
This property is competitively positioned as a modern family-sized townhouse in a suburb known for larger period homes. The 4-bedroom, 3-bathroom configuration with two car spaces is more generous than typical infill stock and suits buyers prioritising functional space over land size. Its 2000 build delivers lower maintenance than older homes, while zoning for sought-after public schools and proximity to Box Hillโs transport and amenities broadens its appeal to professional families and downsizers. The modest 427sqm allotment means it competes in the upper mid-market rather than the trophy segment, but the layout and condition may command a premium among buyers seeking turnkey accommodation.
The 2015 sale as a 3-bedroom townhouse suggests the current configuration may reflect a renovation or reclassification that could affect buyer perception of value. The land size is small for Surrey Hills, which may limit long-term redevelopment potential and appeal to buyers focused on site value. Rental yield is likely low at around 2.7%, reflecting owner-occupier demand, so investors should weigh capital growth prospects against immediate income.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 10A Gladstone Street, Surrey Hills VIC 3127
Market Insight:
Surrey Hills is a well-established, family-oriented suburb prized for its period homes and proximity to top schools, attracting professionals and downsizers. While the housing market has seen recent price adjustments, the unit sector demonstrates stronger growth momentum. Demand is underpinned by its timeless appeal and connectivity, though high prices and fluctuating auction clearance rates indicate sensitivity to broader affordability pressures.