3/51 Tyne Street, Box Hill North VIC 3129
3/51 Tyne Street, Box Hill North VIC 3129
4-bedroom, 3-bathroom townhouse with 2 parking spaces. Brand-new, two-storey brick construction with contemporary design. Part of a complex on an 858m² site. Estimated value range $520,000 to $700,000.
This townhouse is competitively strong due to its brand-new construction and a four-bedroom configuration that is less common in Box Hill North, where three-bedroom standalone houses are more typical. The modern, low-maintenance design with generous proportions appeals directly to families or professionals seeking a move-in-ready home without the upkeep of a larger lot. Its position within a newer complex offers a contemporary living standard that stands out against older housing stock in the suburb, making it a rare find for buyers wanting immediate occupancy and a fresh design.
Value may be materially affected by the absence of a private land title, as townhouses in such complexes typically share the site, which can limit capital growth compared to standalone houses. The lack of confirmed aspect or floor level details could influence livability and desirability, potentially impacting resale appeal. Buyers should weigh these factors when forming a view on price, as the property’s newness and size are offset by its shared land and unknown orientation, which may affect long-term value stability.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/51 Tyne Street, Box Hill North VIC 3129
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Box Hill North presents a compelling, convenience-driven market where houses demonstrate steady demand while units experience notably stronger price momentum. Demand is anchored by its accessible location, appealing to both owner-occupiers and investors seeking rental opportunities. Recent conditions show houses transacting with solid velocity, whereas the unit segment is exhibiting robust capital growth. Future prospects are supported by sustained interest from these core buyer groups, though the divergence in performance between property types remains a key market dynamic.
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PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
2
Land
880m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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