27 Power Street Pascoe Vale South VIC 3044

Freehold townhouse | Pascoe Vale South | 2-bedroom layout | Owner-occupied street | Auction 23 May This property occupies a rare position in a street where 80% of residents are owners and 45% have held for over a decade—signalling low turnover and stable neighbourhood demand. The 2-bedroom configuration is undersupplied locally, and the townhouse format on a 140m² lot avoids common strata complications while offering FTTP connectivity as a supporting advantage. It best suits first-home buyers or downsizers seeking a low-maintenance foothold in a catchment with strong secondary schooling options, including Strathmore Secondary College within 0.7 km. The primary risk is pricing: the $775,000–$825,000 guide sits below the estimated values of $839,000 to $870,000, which may reflect a vendor expectation gap or a strategy to draw multiple bidders. Buyers should budget for a possible 5–10% premium above the guide to secure it, particularly given the 65% auction clearance rate in the area. Holding periods on the street skew long, suggesting capital growth is steady rather than speculative; this property is best used as a core residential holding rather than a short-term flip.