2/352 Boronia Road, Boronia VIC 3155

2/352 Boronia Road, Boronia VIC 3155
New-build townhouse | three-bedroom master-down layout | 276sqm land with no overlays | Boronia-Knox corridor positioning | carefree modern hold. The property’s competitive edge lies in its ground-floor master suite with ensuite, a configuration rare in new townhouses and attractive to downsizers or professionals seeking single-level living without sacrificing total bedroom count. The 276sqm lot with no bushfire, flood, or heritage overlays reduces holding risk and insurance costs, while the equidistant positioning between Boronia Village and Westfield Knox gives it dual catchment appeal. This suits buyers wanting a low-maintenance, lock-and-leave home in a corridor with steady demand from both owner-occupiers and tenants. The primary risk is price uncertainty given the wide $850,000โ€“$935,000 range and recent land-only sale history, meaning the buyer must anchor negotiations to comparable completed townhouses rather than land values. The 131sqm floorplate is efficient but not generous, so families needing extra space should look elsewhere. For a buyer, the opportunity is securing a brand-new home with no immediate capital expenditure and a rental yield that should cover holding costs if needed. Hold for at least five years to capture Knox’s infill appreciation.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Boronia is a well-established sub-regional centre with a stable, owner-occupied demographic. Demand is driven by families and supported by strong auction clearance rates, indicating competitive market conditions. Recent price trends show consistent, moderate growth across both houses and units, with properties transacting swiftly. Future growth is underpinned by its role as a local hub, though relative affordability compared to Greater Melbourne presents a key constraint on price escalation.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

276mยฒ

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