76A Union Street, Brighton East VIC 3187

76A Union Street, Brighton East VIC 3187
New-build townhouse | Milli 28-residence project | late 2026 completion | 3-4 bed two-storey | Brighton East prestige This townhouse is positioned within a 28-dwelling architect-designed project in a prestige Brighton East pocket. Three- and four-bedroom layouts are offered across two storeys, with premium finishes being specified throughout. Completion is targeted for late 2026. The school catchment is regarded as a meaningful strength, with Gardenvale Primary and Brighton Secondary College most commonly cited. Low-maintenance living is provided without compromising on space or parking, and the property is best suited to families and downsizers seeking new contemporary stock that is rarely available in this established neighbourhood. The final price may be affected by the as-built finish, not yet fully documented. Orientation within the shared site might be weighed, as privacy and daylight are often influenced by the two-storey format. Settlement timing should be considered, as late-2026 completion may meet different market conditions. Site density might also be considered by those preferring a quieter feel. >> Comparable Sales: 2 Little Union Street $2.65M; 65 Union Street sold Mar 2025 (undisclosed) | Property Price Band: $1.4M-$1.5M | Value Drivers: new-build premium finish, Brighton East location, school catchment
Detailed Independent Property Report prepared  by PropCred Analyst team for 76A Union Street, Brighton East VIC 3187
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ✓
Income Risk ! 1
Execution Risk ✕ 2
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Market Insight

Brighton East, a bayside prestige pocket bordering Brighton and Hampton, draws high-income families and long-term owner-occupiers seeking elite school catchments and larger landholdings. Demand centres on renovated homes near parks and schools. Prices are mixed: houses median between $1.9m and $2.25m, with growth ranging from -1.9% to +8.5% across sources; units range $881k–$1.48m, with most sources showing declines. Houses sell in 24–48 days. Rental yields are thin: 3.1–3.7% for houses, 3.2% for units. Weekly rents run $1,050–$1,200 for houses and $650–$695 for units. Annual house sales range 186–247, down 13.1% in one series, reflecting low supply. Future growth hinges on limited new development and stable owner-occupier demand, but premium pricing and rate sensitivity are key constraints.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

279m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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