13 Parkfield Boulevard, Charlemont VIC 3217

3 bed townhouse | no body corporate | Glenlee Park frontage | $485–$560 rent potential This property’s strongest buying case is the absence of owners corporation fees, which directly improves holding cost and yield compared to comparable townhouses. The park frontage and split-system air conditioning add lifestyle appeal without structural complexity, making it suitable for first-home buyers seeking low-maintenance entry or downsizers wanting single-level convenience upstairs. The 156m² lot and two car spaces are practical for a townhouse, and the modern finishes reduce immediate renovation needs. The key risk is price sensitivity: the estimated value range of $590,000–$622,000 sits near the recent $585,000 sale, offering limited short-term capital growth unless the suburb’s demand accelerates. Rental income of $485–$560 per week provides a gross yield around 4.3–4.8%, reasonable but not exceptional. The absence of flood or bushfire overlays lowers insurance risk, and the NBN FTTP supports remote work. Hold for steady rental income or owner-occupation; capital appreciation depends on broader Geelong growth.