76 Macedon Parade Wollert VIC 3750

Modern townhouse in Aurora Estate | 3-bed, 2-bath, double garage | Light-filled open plan with separate living | Fully fenced courtyard, low-maintenance | Strong school catchment proximity. This property offers a rare configuration advantage in a growth corridor: a three-bedroom townhouse with a separate formal living area downstairs, which functionally outperforms most two-living designs in this price bracket. The 121m² internal footprint on a 222m² lot ensures efficient use without sacrificing outdoor space, and the fully fenced courtyard with entertainment area adds genuine appeal for first home buyers or downsizers seeking low-maintenance living. Positioned within walking distance to Edgars Creek Primary and Secondary College, and with Aurora Village retail nearby, this house suits buyers who prioritise school catchment and convenience over lot size. The Opticomm Fibre connection is a supporting value add for remote workers. The key risk is valuation dispersion: estimates range from $510,000 to $700,000, with the listing price sitting below the highest estimates but above the lowest. This suggests a motivated seller but also potential for a bidding gap at auction. The 2020 purchase price as a new build provides a clear floor, but the 5-day market time indicates limited early traction. For an investor, the $500–$600 per week rental range yields roughly 4.3–5.2% gross, competitive for the suburb but not exceptional. The opportunity lies in the suburb’s 6.5% growth rate and 66% auction clearance rate, which point to steady demand. Hold this property as a long-term residential investment or owner-occupier entry point, but bid conservatively given the current valuation spread.