3/49 Stanley Avenue, Eltham VIC 3095
3/49 Stanley Avenue, Eltham VIC 3095
Compact 3-bed townhouse | 253m² low-maintenance block | Northerly light, elevated | Walk to Eltham Village & station | Suits downsizers & investors
This is a genuinely well-positioned townhouse for buyers who want the Eltham lifestyle without the upkeep of a large block. The 253m² footprint is small by suburb standards, but the elevated northerly aspect is a real point of difference—it gives the interior a lightness and warmth that many ground-floor units lack. The layout, with the lounge opening to the dining area, feels functional for everyday living, and the private, leafy setting is exactly what many downsizers and young professionals are looking for when they trade the family house for something more manageable. Being within walking distance of the village, shops, cafes, and transport makes it a practical choice for those who value convenience over space.
The value here is likely to be shaped by how the interior presents versus what similar attached homes have achieved recently. The finish level is not fully confirmed, so a buyer should inspect carefully to see whether the kitchen, bathroom, and flooring have been updated or remain original—this could shift the price by a meaningful margin. The modest land size also limits future extension potential, which may matter if you are thinking long-term. That said, the location and the low-maintenance appeal are strong enough to hold demand, and the property should attract steady interest from both owner-occupiers and investors.
|| Comparable Sales: 6/30 Stanley Ave sold $762,000 (2-bed, 198m²); 3/30 Stanley Ave est. $896,000 (3-bed, 403m²) | Property Price Band: $790,000–$840,000 | Value Drivers: interior condition, northerly light, walkability to village and station
Detailed Independent Property Report prepared by PropCred Analyst team for 3/49 Stanley Avenue, Eltham VIC 3095
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Eltham is an established, family-oriented suburb with a median house price of roughly $1.2–$1.3 million and units between $754,000 and $820,000. Demand is driven by higher-income professionals aged 40–59, mostly Australian-born, with bachelor-level qualifications and household sizes near 2.8 people. House price momentum is mixed: annual growth ranges from 0.97% to 5%, but quarterly changes are negative across sources, from -0.4% to -6.9%. Units show stronger annual growth, up to 8.5%, though quarterly figures are uneven. Houses take 20–48 days to sell and annual sales volume is down about 17% year-on-year, pointing to a slower, price-sensitive market. Gross rental yields are modest—around 4% for houses and lower for units—with median house rents near $720 per week. Key constraints are affordability at current price levels and interest-rate sensitivity, evidenced by softening quarterly prices and reduced transaction activity.
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PropCred Estimated Value
Comparable Sales: 6/30 Stanley Ave sold $762,000 (2-bed, 198m²); 3/30 Stanley Ave est. $896,000 (3-bed, 403m²) | Property Price Band: $790,000–$840,000 | Value Drivers: interior condition, northerly light, walkability to village and station
Bedrooms
3
Bathroom
1
Parking
2
Land
253m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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