4/2 Parsons Road, Eltham VIC 3095

4/2 Parsons Road, Eltham VIC 3095
3 bed townhome on 269m² lot| Modern build near Eltham Village| Versatile layout for downsizers| Low-maintenance appeal|Strong holding value. This three-bedroom townhome on a 269sqm block suits downsizers or small families prioritising walkable village access and easy living. Its compact land size supports straightforward maintenance without the demands of larger sites, allowing owners to focus on indoor living spaces. Positioned in a small complex off Parsons Road, it blends into a street of mixed housing while offering separation from busier roads. Buyers drawn to such units often include professionals or retirees seeking three bathrooms for guest flexibility and a quiet retreat-like lounge. In Eltham’s market, similar modern townhomes on sub-300sqm lots hold steady appeal, trading briskly among those avoiding house upkeep. The 220sqm internal area provides generous room for its type, enhancing liveability without excess. Long-term, its proximity to village amenities underpins resilience, as demand for lock-up garage units persists amid ageing demographics. This setup positions it competitively against older apartments, favouring buyers who value modern design over expansive grounds. Overall, it represents a pragmatic foothold in a suburb where townhome scarcity bolsters enduring position.

Market Insight:

Eltham is a leafy north-east suburb attracting families seeking spacious homes in a semi-rural environment. Housing demand is driven by owner-occupiers drawn to the suburb’s strong schools and artistic heritage. Property prices typically exceed $1M reflecting limited housing supply. Natural landscapes and village character underpin its appeal.

PropCred Estimated Value

Bedrooms

3

Bathroom

3

Parking

2

Land

269m²

Built

Recent Assessments