2/19 Oakes Avenue, Clayton South VIC 3169
2/19 Oakes Avenue, Clayton South VIC 3169
Single-level updated unit | rare courtyard configuration | strong commuter and investor demand | priced with upside from recent sale
This is a competitively positioned property within Clayton South’s unit market. Its single-level layout, private courtyard, and updated interior are genuinely uncommon in this price segment, where multi-level or older stock is more typical. The kitchen and bathroom have been modernised, new flooring and air conditioning are installed, and the property is described as move-in ready with nothing further required. That condition advantage reduces immediate outlay for a buyer and supports a premium over unrenovated comparables. The location near two train stations, Monash University, and local shopping centres broadens the buyer pool to include first-home buyers seeking low-maintenance living, downsizers wanting single-level access, and investors targeting consistent rental demand. The car space adds practical appeal in a suburb where on-street parking can be limited. For an owner-occupier, this property offers convenience without compromise. For an investor, the proximity to education and transport infrastructure supports tenant interest across student, professional, and family demographics.
The property’s value may be influenced by its compact 128 m² lot, which constrains future extension potential and may feel tight to some buyers. Its sale history shows a decline from $457,000 in March 2022 to $447,500 in November 2024, which could indicate a softening market or reflect condition issues at the time of that prior sale. The current campaign range of $475,000 to $522,500 suggests the agent expects recovery, but that gap should be weighed against recent settled evidence at the same address. No rental income figure is available, so yield cannot be confirmed from this data alone. Buyers should also consider that unit supply in this pocket is limited, which may support price stability, but any broader market correction could slow capital growth. The absence of disclosed building age or floor level means depreciation schedules and strata age-related costs remain unverified. A personal inspection is recommended to assess natural light, noise levels, and the condition of common areas.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/19 Oakes Avenue, Clayton South VIC 3169
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
URL has been copied successfully!
Market Insight
Clayton South presents a dynamic, mixed-use suburb with strong residential demand, particularly from younger families and owner-occupiers. This demographic is driving a consistently high sales volume and robust auction clearance rates, indicating sustained buyer competition. The market shows solid growth for houses, while unit performance is more varied. Future prospects are supported by its established infrastructure and diverse zoning, though recent increases in days on market and softening auction results signal a market becoming more sensitive to broader economic conditions.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
128m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!