1A Vivienne Street, Seaford VIC 3198

3-bed unit on 231sqm | Seaford pocket with 80% owner-occupiers | strong auction clearance in area | last traded 2020 for $470k This property sits on a full 231sqm lot, unusually generous for a unit in Seaford, which gives it genuine scarcity in a market where most apartments share smaller strata titles. The 80% owner-occupier ratio on Vivienne Street signals a stable, low-turnover street, meaning less rental churn and stronger capital preservation. For a buyer seeking a freestanding-feel unit with yard space and a single car space, this configuration competes well against townhouses at similar price points. The local 85% auction clearance for three-bedroom units and median of $730k suggest the asking range is positioned below the suburb’s core market, offering entry-level access to a street that historically holds its value. It best suits an owner-occupier who values space over finishes, or an investor targeting long-term hold in a tightly held pocket. The primary risk is the 2020 sale price of $470k, which implies the current range reflects significant market uplift; buyers should verify whether recent comparable sales support this trajectory, as the street lacks recent transaction data. The property is listed as an apartment but functions as a house, so check body corporate rules and any restrictions on use. The opportunity is in the land-to-price ratio: a 231sqm unit block in a suburb with strong owner-occupier demand is a rare combination, and the 16-day average days on market suggests well-priced stock moves quickly. Hold this property as a long-term residential asset, not a flip, and let the land component do the work.