5/8-10 Evelyn Street, Clayton VIC 3168

5/8-10 Evelyn Street, Clayton VIC 3168
3 bed townhouse | 119m² lot | Walk to Monash Hospital | Young professional hub|This three-bedroom townhouse on a 119sqm lot suits young professionals or small families prioritising walkable access to employment and education hubs. As a two-storey brick townhouse within a compact complex, it delivers low-maintenance living with dedicated courtyard space and secure single garaging, ideal for those balancing work and minimal upkeep. Its position on the street blends seamlessly into a residential pocket dominated by similar townhouse developments, avoiding the isolation of standalone homes while offering fenced privacy. Buyers drawn to this setup typically include hospital staff from nearby Monash or university affiliates seeking affordability without sacrificing proximity- under 1km to both. In Clayton’s steady townhouse segment, properties like this hold value through consistent demand from renters and first-home buyers, buoyed by zoning for strong local schools such as Clayton North Primary. The modest lot size curbs subdivision potential but enhances holding appeal in a market where land efficiency trumps excess space for urban dwellers. Recent updates like NGN fibre and 5G coverage future-proof it against connectivity demands, while absence of overlays signals straightforward ownership. Comparable townhouses nearby have shown resilient performance, attracting repeat investors who value the area’s employment-driven stability over speculative growth. Long-term, its brick durability and functional layout position it well for enduring appeal amid Clayton’s young demographic shift.

Market Insight:

Clayton is a key education and employment hub anchored by Monash University and the Monash Medical Centre. Housing demand is driven by students, investors, and professionals working in the surrounding employment precinct. House prices typically exceed $1M for houses due to strong land demand and redevelopment opportunities. The suburb benefits from major infrastructure investment and strong rental demand.

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

Built

Recent Assessments