3/1082 Sydney Road, Fawkner VIC 3060
3/1082 Sydney Road, Fawkner VIC 3060
Rear-positioned tri-level townhouse | Split-system climate control | First-floor living with balcony | Light-filled open-plan | Rail corridor convenience
The rear position of this townhouse is considered an advantage over front-facing stock, as a quieter setting is provided while connectivity is maintained. The tri-level layout is designed to make efficient use of a compact footprint, and the first-floor living domain is opened to a covered balcony, an outdoor space that is not commonly found in similar townhouses. Split-system heating and cooling, a skylit bathroom, and a secure internal garage are included as practical, low-maintenance features. The property is best suited to first-home buyers or downsizers seeking a connected, walkable position without the upkeep of a detached house.
The tri-level configuration might be considered unsuitable for single-level living, and the value may be found harder to compare with detached stock in surrounding corridors. The price may be influenced by presentation, internal finishes, and how the balcony and living zone feel. Rear-position privacy should be weighed against stair movement and mixed-use character.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/1082 Sydney Road, Fawkner VIC 3060
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Fawkner is a middle-ring northern Melbourne market defined by steady family demand, with owner-occupiers driving activity and 44% holding mortgages. Median house prices range from $772,541 to $883,000 across sources, posting 6.4–7.3% annual growth, supported by 225–266 sales per year. Units have outperformed, rising 18% year-on-year to roughly $630,000, with gross yields of 4.4–4.7% versus houses at 3.5–3.8%. Weekly rents sit at $550–570 for houses and $500–520 for units. Demand is anchored by proximity to north Melbourne employment hubs, the Mernda line, and Ring Road access, with average school options playing a supporting role. Growth drivers include consistent turnover and infrastructure connectivity, but affordability pressures, interest-rate sensitivity—days on market stretching to 50—and uneven unit supply remain key constraints.
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PropCred Estimated Value
Comparable Sales: 4/1082 Sydney Road sold $530,000; 2/1082 Sydney Road sold $510,000 | Listed Price Band: $400,000–$500,000 | Value Indicator: layout efficiency, rear-position privacy, presentation and condition
Bedrooms
2
Bathroom
1
Parking
1
Land
561m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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