3/93 Finlayson Street, Rosanna VIC 3084
3/93 Finlayson Street, Rosanna VIC 3084
Modern 4-bed townhouse | Ground-floor main suite | Gourmet kitchen & courtyard | 208mΒ² lot | No overlays
This property presents a competitively strong offering within Rosanna’s townhouse market, primarily due to its larger four-bedroom, three-bathroom configuration on a full 208-square-metre lot, a combination that is rare against typical smaller units. The ground-floor main bedroom with ensuite and a versatile floorplan with direct courtyard access serves a specific buyer profile: families seeking low-maintenance living without compromising on space, or owner-occupiers desiring single-level convenience within a modern build. Its lack of bushfire, flood, or heritage overlays removes significant approval hurdles and insurance complexities, providing a cleaner ownership proposition.
Proceed with the understanding that its primary risk is the established price sensitivity in this segment, evidenced by a prior failed sale campaign. The commercial opportunity lies in securing it within the lower half of the quoted range, aligning it with recent off-market estimates to preserve equity. This townhouse is best acquired for long-term owner-occupation, leveraging its family-centric layout and quality finishes, rather than as a short-term rental investment given the current yield.
Nearby sales context includes 1/93 Finlayson Street, off-market at an estimated $1,181,000, and recent townhouse sales in Macleod. This suggests the listed price guide for Lot 3 is positioned at a premium, requiring validation against actual settled sales, not estimates, to justify the asking price.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Rosanna is a well-established north-eastern suburb with strong infrastructure links, appealing primarily to families. Demand is driven by high household incomes and competitive auction clearance rates, indicating sustained buyer interest. Recent market conditions show a softening in median prices, particularly for units, though houses demonstrate relative stability with moderate sales volumes. Future growth is underpinned by a tight supply-demand balance, while key constraints include sensitivity to broader market conditions and a limited, though stable, rental supply.