2/24 Studley Street, Doncaster VIC 3108

Architect-designed townhouse | parkland frontage | tranquil no-through road | 2022 build | double garage This property presents a competitively strong proposition as a near-new residence in a deliberately planned, low-density enclave. Its defining edge is the direct, uninterrupted parkland aspect from a quiet cul-de-sac, a rarity that provides permanent amenity and privacy not found in standard subdivisions. The upmarket finishes and double-storey format cater to a professional or downsizing buyer seeking a low-maintenance yet premium lifestyle, with the 2022 construction mitigating immediate capital expenditure. Its zoning for established schools solidifies its family appeal. The primary decision hinges on the land title discrepancy—150m² versus 830m²—which must be conclusively resolved, as it materially impacts future value and utility. The extended prior marketing period suggests specific absorption challenges, though current pricing appears aligned with updated valuations. This property is best acquired as a long-term lifestyle holding, where its positional advantages will compound, rather than for short-term trade. Proceed with rigorous due diligence on the title, but recognise its unique setting within the broader estate. * **24 Studley Street (Parent Lot):** Estimated value $1,487,000. A 5-bedroom, 2-bathroom house on 834m². Suggests a value premium for larger, detached homes within the same development. * **2/24 Studley Street (Subject):** Last sold October 2022 for $1,086,000. This provides a concrete baseline, indicating the current price range seeks growth reflective of the settled estate and recent market movements. The comparable data, while limited, confirms this townhouse operates in a higher-value precinct, with its price positioned appropriately below the larger, detached format.