209/8 Power Avenue, Ashwood VIC 3147

209/8 Power Avenue, Ashwood VIC 3147
2-bed 2-bath 1-car apartment | Ashwood school zone | Boutique low-rise complex | Last traded 2010 for $460k This apartmentโ€™s competitive strength lies in its functional two-bedroom, two-bathroom configuration with dedicated parking, a layout that is increasingly sought after in Ashwoodโ€™s established suburban market. Being situated within a boutique low-rise complex, it offers a lower-density living environment that appeals strongly to downsizers and first-home buyers seeking single-level convenience without the compromises of older walk-up stock. The propertyโ€™s placement within the Malvern Valley Primary and Ashwood High School catchments further anchors its demand among family-oriented purchasers, making it a versatile option that balances lifestyle amenity with practical schooling proximity. The propertyโ€™s value may be influenced by its position within a multi-unit parcel on a 2,233 mยฒ lot, which can affect perceptions of land value and future development potential. The last sale in 2010 at $460,000 provides a historical benchmark, but without confirmed floor level or aspect for unit 209, the quality of natural light and outlook remains an unknown that could moderate buyer enthusiasm. The absence of disclosed amenities like a lift or pool might narrow appeal for older buyers, while the contemporary finishes noted in the complex suggest the apartment should compete well against older stock, provided its internal condition aligns with the marketed quality.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 209/8 Power Avenue, 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

2

Bathroom

2

Parking

1

Land

2233mยฒ

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