15 Bond Avenue, Blackburn South VIC 3130

Risks in zoning for townhouse potential | premium estimate sits above list price | high site coverage constrains development | rental yield low for area The presale estimate range suggests a gap between the sellers price guidance and what the market currently values this property at. A buyer paying near the upper end must account for the constrained development upside from 31% site coverage which limits subdivision potential without significant planning risk. The northern backyard and 671m² land area offer a solid hold option for a family wanting space and school proximity but the property demands careful negotiation to avoid overpaying given the premium estimate sits above the list ceiling. The immediate access to Orchard Grove Primary School and zoning for Forest Hill College create a rare competitive edge for families seeking walkable school catchment. The existing single level layout with polished floors and direct alfresco terrace access suits a buyer who wants move in ready living rather than a full renovation project. This property best serves a parent or couple prioritising school proximity and outdoor space over rental yield, and they should verify the townhouse approval pathway at council before bidding.