7/261 Civic Parade, Altona VIC 3018

2 bed villa | 1 bath | 1 car | near Harrington Square | modest growth in complex | move-in ready | single level This villa offers a rare single-level configuration in a well-located Altona pocket near Harrington Square, making it a strong option for downsizers or investors seeking low-maintenance exposure. The move-in-ready condition reduces immediate capital outlay, while the 2-bed format with a single car space aligns with the dominant demand profile in this segment. The asking range sits slightly above a recent $430,000 sale in the same building, reflecting a premium for its refreshed state, but the modest 1.14% annual growth in the complex signals limited upside for short-term holders. The primary risk is the soft capital growth trajectory, which suggests this property is better suited as a hold for stable rental income than for appreciation. The inconsistent listing status-for sale versus under contract-may indicate motivated vendor conditions, offering room for negotiation toward the lower end of the range. FTTP connectivity is a supporting value add. The buyer’s best approach is to target a price near the comparable sale and treat this as a long-term hold in a convenient suburban location.