2/13 Elizabeth Street, Oakleigh East VIC 3166

Modern townhouse in Oakleigh East | 3-bedroom, 2-bathroom configuration | 223sqm low-maintenance lot | Walkable to Amsleigh Park Primary. This property’s competitive edge lies in its configuration: a three-level townhouse with two bathrooms and a lock-up garage on a 223sqm lot is rare in Oakleigh East, where comparable sales are on smaller blocks. The covered entertaining deck and ensuite master bedroom add genuine lifestyle appeal for families or downsizers. The property serves best for owner-occupiers seeking a turnkey home near Monash University and Clayton shops, or investors targeting the suburb’s 60% renter demographic with strong yield potential. The main risk is pricing misalignment: the list range sits below the estimated value, suggesting the seller may accept a quick sale, but the 2026 comparable sale at $895,000 for a slightly smaller townhouse indicates the market may not support the upper guide. The lack of heritage or flood overlays reduces holding costs, and the NBN Fibre to the Curb is a practical convenience. A buyer should negotiate firmly toward the lower end of the range, then hold for medium-term capital growth given the suburb’s 13.3% growth trajectory.