3/22 Justin Avenue, Glenroy VIC 3046

| Newly built townhouse | Glenroy corridor | 2-bedroom study layout | Low-maintenance footprint | Residential zoning | This property offers a rare configuration in Glenroy’s new-build market: two bedrooms plus a dedicated study in a townhouse format, which typically appeals to professionals or downsizers seeking separation between living and work zones. The 126-square-metre internal area is efficient rather than generous, but the open-plan living and oversized dining area create a sense of space that compensates. As a new build with no prior sales history, the buyer gains depreciation benefits and lower immediate maintenance costs. The property suits owner-occupiers who value modern finishes and a lock-and-leave lifestyle, or investors targeting the professional rental demographic at $675 per week. The key risk is pricing: at $695,000 to $765,000, this townhouse sits near the median house price for Glenroy ($840,000), yet offers less land and no separate title in a strata scheme. Buyers should verify body corporate fees and any sinking fund obligations, as these erode yield over time. The Expressions of Interest deadline creates a controlled negotiation window, but the lack of comparable sales for this specific product type means buyers must anchor on replacement cost and rental return rather than market momentum. For an owner-occupier, this works as a long-term home; for an investor, hold for capital growth tied to Glenroy’s infrastructure pipeline and rent for steady cash flow.