31 Holmes Street, Brunswick East VIC 3057
31 Holmes Street, Brunswick East VIC 3057
31 Holmes Street is a 2-bedroom, 1-bathroom house with a single lock-up garage on a 242 m² lot in Brunswick East. It is a single-storey dwelling with double-width rear access to the garage.
The property’s competitive strength lies in its inclusion of a lock-up garage with double-width rear access, a feature that is both rare and highly valued on a compact inner-city lot. Its location in Brunswick East, recognized for its vibrant culinary and retail scene, attracts young professionals and first-home buyers seeking a low-maintenance house with parking. The property is positioned as a well-presented, functional home in a sought-after suburb, serving buyers who prioritize lifestyle and convenience over expansive space.
The compact 242 m² lot may limit future expansion or renovation potential, which could affect its appeal to those seeking a larger family home. The property’s sale price may be influenced by the condition of the building and any deferred maintenance, as well as the overall demand for small-lot houses in the area. Buyers should weigh the value of the garage and location against the constraints of the lot size when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 31 Holmes Street, Brunswick East VIC 3057
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
✓
Execution Risk
!
1
Market Insight
Brunswick East presents a compelling, high-density urban market dominated by units, attracting a professional demographic. Demand is currently stronger for the more affordable unit segment, evidenced by faster sales. Recent price growth has been modest, though significant local infrastructure investment, including a major mixed-use redevelopment, is poised to enhance future appeal and underpin capital growth.
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
242m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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