3/160 Derby Street, Pascoe Vale VIC 3044

3-bed townhouse in Pascoe Vale | shares a 1057sqm block | priced below a near-identical sibling sale | single-bathroom floorplan The property’s primary strength is its positioning within a subdivided block where an identical unit sold for $875,000 nine months ago, giving the current price guide a clear, data-backed floor. The large shared lot and open-plan layout with courtyard offer a genuine indoor-outdoor feel that is uncommon in this price tier, and the absence of overlay restrictions reduces approval friction for any future owner. It is best suited to an investor seeking a sub-$850k entry into a corridor with firm rental demand, or a first home buyer who values space over a second bathroom. The single bathroom is the main functional limitation and will narrow the buyer pool at resale, particularly among families. However, the rental yield at a midpoint of $615 per week is competitive for the suburb, and the property’s condition appears to require no immediate capital outlay. The buyer gains a position in a rising market with a proven comparable, and the logical hold strategy is to renovate the bathroom in year three to five, then sell into the next cycle.