5/23 Barnsbury Road, Deepdene VIC 3103

Deepdene unit | direct park/trail access | rare single-level living | premium 2-bed plus study This property presents a competitively strong proposition due to its rare configuration of single-level living with direct, private access to parklands and walking trails, a feature uncommon in unit stock. The combination of a functional study, quality hardwood floors, and a light-filled, low-maintenance layout serves a buyer seeking a balance of suburban tranquility and convenience, positioning it well for downsizers or professionals. The primary risk is its premium valuation within the unit market, demanding scrutiny of comparable sales to justify the price point against typical Deepdene offerings. The opportunity lies in securing a turnkey property in a tightly held locale where such seamless nature connections are scarce. Acquire for long-term occupancy to capitalise on its lifestyle dividend; it is not a value-add project. Recent comparable sales data is not explicitly provided, however, market context shows a significant value range on the same street. A unit at 1/23 Barnsbury Road is listed at $545,000, while the house at 23 Barnsbury Road carries an estimate near $5 million. This unit’s ~$2.3 million estimate places it in a distinct, premium segment, requiring validation against actual sales of similar, high-specification units with comparable park-side access to assess its market standing.