3/1 Ferguson Street, Ascot Vale VIC 3032

3/1 Ferguson Street, Ascot Vale VIC 3032
Double-storey townhouse | 3 bedrooms study | rear-laneway carport | family-zoned Ascot Vale The propertyโ€™s primary buying case rests on its dual-ground-floor study and separate living, which effectively functions as a fourth room without the premium of a full bedroom tag,this configuration edges out standard three-bedroom townhouses in the complex for home-office buyers or young families. The rear-laneway carport with electric door and low-maintenance yard reduces ongoing effort, while the 2015 purchase history and current indicative range suggest measured suburb growth rather than speculative heat. It serves best a professional couple or small family seeking a lock-and-leave townhouse within walking distance to Union Road shops and train station, where timber flooring and new carpet upstairs signal reasonable upkeep. Risk lies in the six-unit complex density: body corporate fees and neighbour proximity are not detailed, and the study-as-bedroom ambiguity may disappoint buyers needing four genuine bedrooms. The rear laneway access, while convenient, can introduce noise or privacy trade-offs. Opportunity emerges from the 3.2% rental yield potential, making this viable as a hold-and-lease property if owner-occupier demand softens. The absence of recent comparable sales in the complex means buyers must rely on suburb-wide data, but the 48% growth since 2015 supports a patient hold strategy for capital gain rather than flipping.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3/1 Ferguson Street, Ascot Vale VIC 3032
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Market Insight:

Ascot Vale is a well-connected inner-city suburb attracting established professionals, drawn by its heritage character and parklands. Demand is anchored by this demographic, supporting a premium house market that has demonstrated resilience with modest growth, while the unit segment faces softer conditions. Future appeal is linked to its enduring proximity to the city, though high entry prices for houses and a cooling transaction pace present notable constraints to broader momentum.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

180mยฒ

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