5C Burns Street, Maidstone VIC 3012

3-bed house on 385sqm in Maidstone | Subdivided street block with 75% owner-occupiers | Two government school catchments within 1.3km | Auction clearance rate for comparable homes at 57% The property offers a rare configuration in a tight market: a three-bedroom house on a full 385sqm block within a subdivided street, where 75% of neighbours are owner-occupiers. This land-to-building ratio is competitively strong for a buyer seeking long-term value in a suburb where two-bedroom houses command a median of $645k. The location serves families or investors targeting the Footscray North Primary and Maribyrnong College catchments, both within walking distance. The auction clearance rate of 57% for comparable homes signals a balanced market, not a runaway seller’s environment, giving a buyer reasonable negotiating scope. The key risk is the subdivided street context: the property sits among 4, 5, 5A, and 5B Burns Street, which may limit future subdivision potential and could affect resale appeal for buyers seeking standalone blocks. The 2016 sale price is absent, so establishing a precise value anchor requires close inspection of comparable sales on similar subdivided lots. The opportunity lies in the 385sqm land holding,rare for a three-bedroom house at this price point in Maidstone,combined with low bushfire risk and FTTP as a supporting value add. Hold this property for its land content and school catchment positioning, not for short-term capital gains.