5/13-15 Barcelona Street, Box Hill VIC 3128
5/13-15 Barcelona Street, Box Hill VIC 3128
3 bedrooms, 1 bathroom, 2 car spaces on approximately 200m². Single-level solid brick unit with polished timber floors, ducted heating, split-system air conditioning, and a private backyard. Located in a quiet pocket of Box Hill, zoned for Laburnum Primary and Box Hill High School.
What is competitively strong here is the combination of a three-bedroom layout with two car spaces and single-level access, which is genuinely uncommon in this part of Box Hill. Most units in the area trade off either bedroom count or parking, so this property holds a clear configuration advantage for downsizers and families who want space without stairs. The solid brick construction and established feel also give it a durability that newer builds often lack. It sits well within the suburb because it offers proximity to Box Hill station and the central shopping precinct, yet remains on a quiet street with a manageable backyard. This property is best suited to buyers who want low-maintenance living without sacrificing room to move or the convenience of being close to transport and schools.
Several factors might influence how this property is valued. The single bathroom is a real constraint for a three-bedroom home, particularly for families or anyone expecting guests, and it may limit the pool of willing buyers at the higher end of the price range. The land size is modest for a unit with a backyard, so any future extension or redevelopment potential is likely limited. The property last transacted in 2022, and while the market has shifted since then, the current listing range suggests the seller is pricing with that recent sale in mind. Buyers should weigh the convenience of the location and the rarity of the configuration against the bathroom count and the property’s age when forming their view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/13-15 Barcelona Street, Box Hill VIC 3128
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Box Hill is a high-density, professionally-oriented suburb with a youthful demographic, where apartment living dominates the housing stock. Demand is driven by a significant rental population and professionals, supported by strong unit rental yields. The market is currently divergent, with house prices showing resilience amid softer conditions, while the unit segment has experienced notable price corrections, indicating potential oversupply. Future growth hinges on the suburb’s appeal to its core demographic, though affordability for houses remains a constraint and the apartment market’s sensitivity to supply presents a key risk.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
200m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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