3/49 Wandsworth Road, Surrey Hills VIC 3127

3/49 Wandsworth Road, Surrey Hills VIC 3127
|Surrey Hills owner-occupier pocket | 75% owner-occupied building | strong school catchment position | two-car parking edge in apartment market| This unit sits in a building where three in four neighbours are owner-occupiers, a structural advantage that typically delivers better common-area care, quieter living, and lower turnover risk than rental-heavy blocks. The two-car parking allocation is rare for a two-bedroom apartment in this price bracket and directly improves both liveability and resale appeal. For a buyer targeting the Chatham Primary School zone with a preference for low-maintenance, established-hold property, this unit offers a configuration that competes more like a small house than a typical apartment. The estimated valuation of $1.84 million sits well above the listed price guide, which may signal either an aggressive vendor starting point or a data lag. A buyer should treat this gap as a negotiating opportunity rather than a discount signal, but must verify whether the building has any special levy history or upcoming capital works that could compress future equity growth. The 2010 last sale date means the current owner has held through a full cycle, which may reduce urgency but also opens room for a clean, chain-free settlement.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3/49 Wandsworth Road, Surrey Hills VIC 3127
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Market Insight:

Surrey Hills is a well-established, family-oriented suburb prized for its period homes and proximity to top schools, attracting professionals and downsizers. While the housing market has seen recent price adjustments, the unit sector demonstrates stronger growth momentum. Demand is underpinned by its timeless appeal and connectivity, though high prices and fluctuating auction clearance rates indicate sensitivity to broader affordability pressures.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

2

Land

911mยฒ

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