59 Condell Street, Fitzroy VIC 3065
59 Condell Street, Fitzroy VIC 3065
Victorian terrace Golden Rectangle | 2-bed house with private garden | compact 80sqm interior | period charm well-maintained | tightly held pocket
This property is positioned as a rare offering in Fitzroy’s Golden Rectangle where period houses with private gardens are scarce. The well-maintained Victorian character is desired by buyers seeking original charm without immediate renovation. Its compact footprint is well suited to owner-occupiers and downsizers who prioritise location over space. The house format and private garden are distinctive in a suburb dominated by apartments.
The compact size is seen as limiting broad appeal but suiting the context, while well-maintained condition is thought to reduce near-term costs. The private garden adds scarcity value, and the Golden Rectangle location is a strong positive. The absence of parking might be a minor constraint.
Detailed Independent Property Report prepared by PropCred Analyst team for 59 Condell Street, Fitzroy VIC 3065
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Fitzroy is a premier inner-city suburb defined by its vibrant cultural scene and exceptional connectivity. Demand is driven by young professionals and investors drawn to its dynamic lifestyle and strong rental market. Recent price trends for houses have softened, reflecting broader affordability pressures, while the unit market has shown relative resilience. Future growth is anchored in its enduring appeal and limited housing supply, though high entry costs and sensitivity to economic conditions present ongoing constraints.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
-
Land
129m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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