3/350 Canterbury Road, St Kilda West VIC 3182
3/350 Canterbury Road, St Kilda West VIC 3182
Converted squash court townhouse | Only three in complex | Three bedrooms two bathrooms | Privacy and character | Boutique St Kilda West
A rare position is held by this townhouse within St Kilda West, being one of only three residences created from a squash court conversion. Its three-bedroom configuration is understood to be larger and more family-oriented than the suburb’s typical apartment stock. Privacy and character are emphasized in its marketing, which is seen to appeal strongly to downsizers, professional couples, and small households seeking inner-bayside living with more space.
Its conversion origin is thought to possibly limit comparable sales data, while the scarcity of only three residences could be considered supportive of pricing. The unknown internal finishes and building age are factors that might be weighed by buyers when forming a view on value.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/350 Canterbury Road, St Kilda West VIC 3182
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
✕
2
Market Insight
This suburb presents a clear divergence between its established housing market and its unit segment. House prices have experienced exceptionally strong growth, reflecting high demand from owner-occupiers in a low-supply environment, with properties transacting swiftly. In contrast, the unit market has softened, offering higher rental yields but with recent price declines. Future performance hinges on the sustained appeal of detached homes, though the affordability gap between houses and units presents a notable market constraint.
PropCred Estimated Value
Bedrooms
3
Bathroom
3
Parking
1
Land
395m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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