28 Henry Street, Windsor VIC 3181
28 Henry Street, Windsor VIC 3181
Contemporary family house | rare parking and multiple living zones | strong inner-city lifestyle demand | north-facing deck and terrace | Windsor convenience
This property holds a genuine competitive edge for Windsor because it combines the space and utility of a modern family house with the lock-and-leave convenience that inner-city buyers increasingly want. The three-bedroom, two-bathroom configuration with two separate living areas, a rumpus room, and a butler’s pantry is not common in this suburb, where much of the stock is older apartments or compact terraces. Secure off-street parking for two cars, plus an additional space, is a material advantage in a tight, amenity-rich pocket. The north-facing deck and private terrace off the main suite add a lifestyle layer that appeals strongly to professional couples, young families, and downsizers who want walkability without sacrificing comfort or outdoor space.
What may materially shape the property’s value is how the market reads its position within Windsor’s mixed housing character. The house sits in a street that includes both modern residences and older apartment blocks, so the surrounding built form is varied rather than uniform. That mix might temper how much premium buyers assign to the house itself, since street character is not consistently high-end. The absence of confirmed land size or zoning details means buyers should weigh how much of the value rests on the dwelling’s condition and layout rather than on land content. Rental demand for family houses in the suburb is strong, which may support value if you are considering future flexibility, but the final price will likely hinge on how the property presents against other contemporary houses in the immediate area.
|| Comparable Sales: 1/2 Henry Street sold June 2025 as a 3-bed, 2-bath house-style residence; 1/8 Henry Street sold January 2026 at $737,000 for a 2-bed apartment | Property Price Band: $1.4M–$1.5M | Value Drivers: contemporary condition, secure parking provision, multiple living zones and outdoor deck
Detailed Independent Property Report prepared by PropCred Analyst team for 28 Henry Street, Windsor VIC 3181
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
URL has been copied successfully!
Market Insight
Windsor, an inner-Melbourne suburb near Prahran, St Kilda and South Yarra, is attracting families and singles. House prices have corrected to about $1.4 million, with annual growth down 3.6–6.8% across recent indices. Units are around $536,000, with changes ranging from -6.4% to +4.7%. Sales activity has weakened: house volumes fell as much as a third, with annual sales between 60 and 84, and median days on market climbed to 54. Rental demand is firmer: houses let for $720–850 per week and units for $540–550, giving unit yields of 5.4–5.5%. Access to established transport and amenity underpins future demand; affordability, supply and rate sensitivity remain restraints, visible in the price correction and slower turnover.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 1/2 Henry Street sold June 2025 as a 3-bed, 2-bath house-style residence; 1/8 Henry Street sold January 2026 at $737,000 for a 2-bed apartment | Property Price Band: $1.4M–$1.5M | Value Drivers: contemporary condition, secure parking provision, multiple living zones and outdoor deck
Bedrooms
4
Bathroom
3
Parking
2
Land
352m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!