4/3 Charles Street, Hadfield VIC 3046
4/3 Charles Street, Hadfield VIC 3046
Hadfield unit stock | 12km to CBD | family and investor demand | compact configuration likely | school zone varies by street
What is competitively strong about this property is its position within Hadfield’s unit market, which sits below the suburb’s house median and appeals to first-home buyers and investors seeking lower-entry points. The suburb’s mix of older brick homes and more compact units means a well-presented unit here can stand out, particularly if it offers modern updates, private outdoor space, or secure parking. It serves best a buyer wanting proximity to the city and airport corridor without the maintenance of a larger house, or an investor targeting steady rental demand from a moderate rent profile.
Value may be shaped by how the property compares to other units in the street, particularly in terms of internal condition, natural light, and whether it includes dedicated parking or a courtyard. The absence of confirmed details on floor level, aspect, or title structure means the price view should account for potential variations in these areas. School catchment, which can change by side of the road, might also influence family buyer interest and should be verified before committing.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/3 Charles Street, Hadfield VIC 3046
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Hadfield, 12km north of the CBD, is family-oriented with a 70.9% owner-occupier rate and quiet parks. Families drive demand, underpinned by a 0.6% vacancy rate and yields of 3.47% (houses) and 4.54-4.6% (units). House prices span $851k-$930k, growing 1.2%-6.2% annually; units sit at $620k, with growth from -11.4% to 36.5% across sources. Houses sell in 30-48 days with a 58.1% auction clearance, signalling a cooling market. Premium housing indicators and a 59/100 boomscore support future demand, but rising days on market and uneven growth create rate sensitivity. The $798,625 median house price remains below Victoria’s $827,350, a modest affordability buffer.
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PropCred Estimated Value
Comparable Sales: nearby unit sales in Hadfield generally range from $550k to $700k | Property Price Band: $550K–$650K | Value Drivers: condition, parking, outdoor space, and proximity to transport and shops.
Bedrooms
3
Bathroom
2
Parking
2
Land
133m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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