1B Bradley Street, Pascoe Vale VIC 3044

Flood risk detected | compact 215sqm townhouse | modern build but tight rear yard | three bedrooms on single street-facing level The flood risk identified in the council data introduces a specific insurance cost and resale discount that a buyer must quantify before purchase; a $1,175,000 valuation sits above the listing range, offering approximately $25,000 to $75,000 in immediate equity if acquired near the lower end. The 2021 build and low-maintenance footprint suit an owner-occupier seeking minimal upkeep, but the land size is too small for capital growth driven by subdivision or extension, making this a hold-for-cash-flow or short-to-medium-term lifestyle property rather than a long-term land play. Comparable sales at 1 Bradley Street, a 524sqm standalone house sold for $990,000 in June 2022, now estimated around $1,057,000 to $1,080,000, signal that this townhouse commands a premium for its newer build and three-bedroom configuration, despite being half the land area. The near-new condition and three-toilet layout are rare in this price band and directly increase rental demand from families, supporting the $820 per week estimate. This property best suits a buyer who values modern finishes and immediate occupancy over land banking, and is prepared to manage the flood-risk overhead. Book a property inspection and request the vendor’s flood report from council to confirm whether the detected risk translates to a mandatory insurance levy, then we can model the net yield and resale timeline before you submit an expression of interest.