243A Guthridge Parade, Sale VIC 3850

243A Guthridge Parade, Sale VIC 3850
4 bed townhouse | 550sqm lot | 11% site coverage | Guthridge Parade Sale | no overlays This property offers a rare configuration edge for Sale: a four-bedroom townhouse on a full 550sqm lot with only 11% site coverage. The low footprint leaves significant outdoor space for expansion or landscaping, a feature uncommon in townhouse stock. The fully fenced block, rumpus room, and split-system air con suit families or downsizers wanting single-level convenience without sacrificing yard. Zoning in Guthridge Primary School catchment and absence of bushfire or flood overlays reduce friction for owner-occupiers, while the 66% owner-occupancy rate in the suburb signals stable demand. The principal risk is the building sizeโ€”63sqm for four bedrooms implies compact living areas, which may deter buyers accustomed to larger floorplans. The valuation spread between $465,000 and $596,000 suggests market uncertainty; the $689,000 list price sits above both estimates, creating negotiation room. Rental estimates of $505โ€“$605 per week offer a modest yield if held as an investment, but the small living area limits tenant appeal. The absence of heritage overlays and low site coverage present a logical pathway: hold for land appreciation or subdivide if zoning permits.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Sale presents a compelling profile, positioned as a professional hub with a growing, owner-occupier base. Demand is primarily driven by childless couples, attracted by its established character and professional employment base. The market has demonstrated robust capital appreciation across both houses and units, though current conditions indicate a balanced to buyer-friendly environment with ample supply. Future growth is underpinned by sustained population increase, yet a key consideration is the current market dynamic where available listings may temper short-term price pressures.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

550mยฒ

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