2/40 Winbirra Parade, Ashwood VIC 3147

2/40 Winbirra Parade, Ashwood VIC 3147
Modern townhouse | own street frontage | family zoning | ground-floor master | flood overlay flagged This property is competitively positioned as a house-like townhouse with its own street frontage and a generous 257 mยฒ land component, which is rare for the format in Ashwood. Built in 2008, it offers modern finishes like plantation shutters, ducted heating, and split-system cooling, with a ground-floor master suite that appeals strongly to downsizers and families seeking single-level living options. Its location within Parkhill Primary and Ashwood High school zones, plus proximity to Holmesglen station and Chadstone, broadens its buyer pool to include professionals and families who prioritize school access and low-maintenance living without apartment compromises. The conflicting flood zone status across sources may materially affect value or sale price, as it could influence insurance costs and buyer confidence. The absence of a body corporate, if confirmed, is a structural advantage that might reduce ongoing costs but should be verified through title records. The single garage with additional driveway parking may be a constraint for multi-car households, and the two-level configuration could limit appeal for buyers strictly seeking single-floor living.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/40 Winbirra Parade, Ashwood VIC 3147
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Market Insight:

Ashwood is an established inner-east suburb with a stable, family-oriented market. Demand is driven by owner-occupying families attracted to its housing stock and proximity to the city and schools. Recent price trends show modest house growth, while the unit market has experienced volatility. Future prospects are underpinned by its established appeal, though high price points and sensitivity to economic conditions present constraints on affordability and stronger capital growth.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

257mยฒ

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