4/36 Station Road, Montmorency VIC 3094
4/36 Station Road, Montmorency VIC 3094
2-bed, 1-bath townhouse | tight Montmorency pocket | dual car spaces | flood overlay noted
This property sits in a low-density pocket of Montmorency where two-bedroom units rarely trade, giving a buyer genuine scarcity advantage. The single-level layout with courtyard and deck suits downsizers and young couples who want lock-and-leave convenience without sacrificing outdoor space. Dual car accommodation including a lock-up garage is unusually strong for a unit of this size, and the walk to Were Street shops and cafes removes reliance on driving for daily errands. School zoning to Montmorency Primary and Secondary College adds long-term appeal for owner-occupiers.
The flood overlay is the primary risk and should be investigated through a property-specific flood report before committing, as it may affect insurance premiums and future resale buyer pools. The 2009 last sale date means no recent price history to benchmark against, so the buyer must rely on comparable sales rather than vendor cost base. Rental estimate of $580 per week supports moderate yield for an investor, but the stronger case is for an owner-occupier who values the location and low-maintenance footprint. Hold this as a long-term home or a stable rental in a supply-constrained suburb.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/36 Station Road, Montmorency VIC 3094
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✓
Execution Risk
✓
Montmorency VIC 3094
Montmorency is a well-established, family-focused suburb in Melbourne’s northeast, prized for its leafy setting and strong transport links. Demand is driven primarily by owner-occupying families and commuting professionals, attracted by quality local schools and a stable community. The housing market demonstrates resilience with steady annual sales, while the unit segment has experienced recent softening. Future growth is supported by consistent family demand, though affordability constraints and modest rental yields present considerations for investors.
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
2
Land
269m²
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst