18 Stenhouse Avenue, Brooklyn VIC 3012
18 Stenhouse Avenue, Brooklyn VIC 3012
3-bedroom townhouse with development potential | large 697m² site in Brooklyn | suited to owner-occupiers and developers | approved potential for 16–18 combined site
This property stands out in Brooklyn for its unusually large land holding, offering a rare combination of a three-bedroom townhouse on a substantial site with approved development potential. The configuration as a three-bedroom, three-bathroom townhouse with two car spaces provides immediate comfortable living, while the 697m² lot and the possibility of a larger combined site with neighbouring 16 Stenhouse Avenue create significant upside for buyers interested in redevelopment or landbanking. This property is best suited to owner-occupiers seeking a spacious home with future flexibility, or investors and developers looking to capitalise on infill opportunities in a suburb undergoing gradual residential transition.
The value of this property may be influenced by the inconsistency in how the address is recorded across sources, which could affect buyer confidence or financing clarity until confirmed. The approved development potential for the combined 16–18 site might enhance the property’s appeal to developers, but the exact configuration and constraints of that approval should be verified. The lack of confirmed internal finishes, building age, and aspect means the property’s immediate liveability and condition should be inspected closely, as these factors may materially affect its market value relative to similar-sized holdings in the area.
Detailed Independent Property Report prepared by PropCred Analyst team for 18 Stenhouse Avenue, Brooklyn VIC 3012
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Brooklyn is a transitioning industrial-residential suburb gaining traction with young buyers and investors, drawn by its proximity to the CBD and strong freeway connectivity. House prices show robust growth, supported by new developments and parkland amenities, while the unit market faces softer conditions. Its ongoing transformation and direct links to established inner-west hubs underpin its long-term potential, though the evolving market presents varied performance across property types.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
697m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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