201/42 Healey Street, Moorabbin VIC 3189

201/42 Healey Street, Moorabbin VIC 3189
Sold off-market | 3-bed retirement apartment | boutique village, no stamp duty | east-facing, 109sqm | Moorabbin convenience. This unit offers a rare configuration for the retirement segment: three bedrooms in a boutique village, which positions it well for downsizers wanting guest or study space without moving to a larger house. The east-facing aspect and 109sqm internal area are competitive for the price band, and the no-stamp-duty policy directly improves net acquisition cost. The property suits buyers seeking lock-and-leave living with strong amenity proximity, particularly those prioritising security and low-maintenance over land. The main risk is limited resale liquidity given the property is not currently marketed and street-level sales data is absent, which may extend holding periods. The opportunity lies in direct village contact for off-market negotiation, potentially below comparable 2-bed units at $725k. Hold as a primary residence for lifestyle; exit planning should factor village resale timelines.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 201/42 Healey Street, Moorabbin VIC 3189
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Market Insight:

Moorabbin is a well-connected, established suburb attracting a professional demographic, underpinning its stable market positioning. Demand is driven by young professionals and families drawn to its transport links and quality schooling options. Recent price trends show a softening in the house market, though transaction activity remains steady, indicating balanced conditions. Future growth is supported by solid population increases, while key risks include affordability pressures and potential sensitivity to interest rates for investors given current rental yields.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

3523mยฒ

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