2 Harrow Street, Blackburn South VIC 3130
2 Harrow Street, Blackburn South VIC 3130
This is a three-bedroom, one-bathroom single-storey house on 696 square metres of land with two car spaces and a floor area of 125 square metres. It sits in a quiet, low-density street in Blackburn South, a stable family suburb sixteen kilometres east of the city. The property is positioned slightly below the suburb’s typical price point, which may reflect an older build or modest finishes, but the land size is generous for the area and the configuration is exactly what many local buyers seek.
What is competitively strong here is the land. At 696 square metres on a residential street with low turnover, this property offers rare space for a single-storey home in a suburb where families and downsizers compete for exactly this kind of holding. The absence of bushfire overlay and the proximity to primary and secondary schooling make it a practical choice for households who want room to grow or renovate without leaving a well-served neighbourhood. The property serves best a buyer who values land and location over turnkey finishes, and who is prepared to invest in updating a home that already sits in a strong demand corridor.
What might materially affect value is the age and condition of the existing structure. With only one bathroom and no details on interior finishes, a buyer should weigh the cost of modernising against the price asked. The single-storey layout is a positive for downsizers but may limit appeal for larger families who prefer multiple living zones. The distance to the supermarket and limited public transport could also temper demand for buyers reliant on walking access. These factors may create negotiation room, but they do not undermine the fundamental strength of the land holding in a tightly held suburb.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Harrow Street, Blackburn South VIC 3130
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Blackburn South presents as a well-established, family-focused suburb offering a leafy, community-oriented lifestyle with strong local amenities. Demand is driven by established professionals and families seeking spacious homes and access to parks and transport. The housing market demonstrates stable, moderate growth, while the unit segment has experienced notable recent softness. Future prospects are underpinned by its enduring appeal as a residential haven, though the divergent performance between property types indicates a market with selective buyer caution.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
696m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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