4/64 Gloucester Avenue, Berwick VIC 3806
4/64 Gloucester Avenue, Berwick VIC 3806
Central Berwick village-edge townhouse | Walk to shops, station and schools | Strong private-school proximity | Multi-dwelling configuration | Limited private land
This townhouse sits in one of Berwick’s most sought-after pockets, where the village, train station and elite schooling create consistent buyer demand. Its position within a small multi-dwelling building offers a lock-and-leave lifestyle that suits downsizers, young families and professionals who want the convenience of central Berwick without the maintenance of a detached house. The configuration is compact but practical, and the street’s established character, mixing older homes with newer townhouse developments, supports stable value retention. For buyers prioritising walkability and school access over land size, this represents a sensible entry into a premium postcode, with the Hamptons-inspired finishes seen in nearby units suggesting a quality benchmark that this property likely meets.
The value of this townhouse may be shaped by its position within the building, including aspect, noise exposure and parking arrangements, which can vary significantly between units in the same complex. Its multi-dwelling status means land content is limited, so price growth will depend more on the quality of the internal fit-out and the overall appeal of the building than on land appreciation. Buyers should weigh the convenience of the location against the potential for less privacy and outdoor space compared to detached housing. The presence of redevelopment interest elsewhere on the street may support future demand, but this property’s value will ultimately hinge on its condition and presentation relative to similar units in the immediate area.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/64 Gloucester Avenue, Berwick VIC 3806
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Berwick VIC 3806 is a family-oriented, predominantly owner-occupied suburb in Melbourne’s south-east, with strong school catchment appeal and a 54.3% family share. Buyers are typically higher-income households; demand is supported by steady annual sales volumes near 850–990 houses and rental yields of 3.5–3.9% for houses. The median house price sits between $805k and $960k, depending on source, with recent annual growth of 3.2–6.1%; houses sell in roughly 21–30 days. Units show similar tightness, with growth of 4.1–6.5%. Future drivers include ongoing Casey region infrastructure and accessibility to major roads and rail to the CBD. Key constraints: affordability pressure at the higher price range, softening sales volumes (down 5.9% for houses and 25.5% for units), and auction clearance rates of 48.9–56.7%, indicating rate sensitivity.
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PropCred Estimated Value
Comparable Sales: 4/60 Gloucester Avenue sold $1.405M; 60 Gloucester Avenue sold $1.8M | Property Price Band: $1.2M–$1.3M | Value Drivers: Internal condition, building quality, proximity to village and schools
Bedrooms
4
Bathroom
2
Parking
-
Land
328m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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