3/5 Creswick Street, Glen Iris VIC 3146

rear-positioned townhouse | boutique five-dwelling setting | premium family format | flood zone flagged This is a competitively strong townhouse for the Glen Iris market, defined by its rear position within a small, boutique grouping that offers privacy and a tranquil setting uncommon in newer developments. The three-bedroom, two-bathroom, two-car configuration serves downsizers and small families seeking low-maintenance living without sacrificing space or functionality. It sits materially below typical detached house pricing in the suburb, which positions it as a value proposition for buyers who want Glen Iris’ school access, transport links, and established character without the land cost or upkeep of a larger property. The flood zone flag on the property record may affect insurance costs or lender appetite and should be investigated before forming a price view. The absence of recent sales within the same building limits direct comparable evidence, so the asking range may need to be weighed against broader townhouse market conditions in the area. The boutique format and rear positioning are genuine strengths, but a buyer should confirm whether the flood designation has any practical implications for use or resale.