203/79 Poath Road, Murrumbeena VIC 3163

Third-floor unit | below suburb median | steps to station | secure car space | walk-in shower laundry This property presents a competitively priced entry into a transit-oriented location, trading above-median space for a price point below the suburb median. Its defining strengths are the direct access to Hughesdale Station and the inclusion of a secure car space—a valuable asset in this precinct—which together create a compelling proposition for a commuter or first-time buyer. The unit’s functional layout, with its spacious bedrooms and integrated laundry, supports practical living, though the single bathroom caps its appeal primarily to small households or investors. Proceed with the understanding that multiple units in the same building are concurrently for market, indicating potential oversupply that may dampen short-term capital growth and create negotiation leverage. The below-median asking price must be weighed against this specific building’s liquidity event. This property is best acquired as a long-term hold for its land component and location, with a disciplined offer at the lower spectrum of the quoted range to account for the internal competition. Recent listings show 202/121 Murrumbeena Road at $530,000–$580,000 and 3/25 Omama Road at $275,000. This spread confirms the subject property’s positioning as a mid-point offering, justifying its marketed range but requiring scrutiny on whether its third-floor position and building amenities command a premium over the lower-priced comparable.