3/24 Parker Street, Ocean Grove VIC 3226

New river proximity | secondary road noise possible | no prior sales history | brand-new finish risks settlement delays The decision hinges on whether the buyer accepts the premium for new construction in a river-adjacent pocket without established price benchmarks. The absence of sold history creates valuation ambiguity, meaning the buyer carries pre-settlement market shift risk. The townhouse’s balcony, pizza oven, and walkable position to the Barwon River offer a lifestyle lock that older stock cannot match. This property suits an owner-occupier seeking a low-maintenance coastal base; it should not be held as a short-term investment without comparable rental evidence. The competitive edge lies in the scarcity of brand-new townhouses within 50 metres of the river and 1.4 km from the beach. Free private parking and non-smoking status add practical efficiency for a discerning buyer, while the 240 m² lot provides modest outdoor space rare in this corridor. The property best serves a professional couple or downsizer wanting immediate occupancy in a premium precinct without renovation outlay. Secure an independent building and pest inspection before exchange to neutralise any latent defects in the new build.