8/156 Pigdons Road, Highton VIC 3216

8/156 Pigdons Road, Highton VIC 3216
New townhouse | dual-income rental option | Bellaire Primary zone | study converts to third bedroom This property presents a rare configuration advantage for the Highton market: a two-bedroom townhouse with a separate study that can function as a third bedroom, effectively giving a buyer a three-bedroom floorplan in a compact footprint. The 1.43-acre shared lot is unusually large for a townhouse complex, which may reduce density pressure and improve outdoor amenity. The dual listing for both sale and rent suggests the vendor is motivated, and the property is best suited to an investor or a downsizer seeking new, low-maintenance living within the Bellaire Primary and Belmont High school zones. The bushfire overlay is the primary risk and warrants a thorough vegetation management plan and insurance cost check before proceeding. However, the absence of flood or heritage overlays simplifies due diligence. The simultaneous rent and sale listing may create negotiating leverage for a buyer who can move quickly, as the vendor likely wants a clean exit. FTTP and 5G coverage are supporting conveniences but not decisive. A buyer should verify the study’s dimensions and council approval for use as a bedroom to confirm the third-room claim.
Detailed Independent Property Report prepared  by PropCred Analyst team for 8/156 Pigdons Road, Highton VIC 3216
Checks found:
Value Risk ✕ 2
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ! 1
Execution Risk ! 1
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Market Insight

Highton presents a well-established market with strong fundamentals, appealing to both first home buyers and investors. Demand is broad-based, supported by recent infrastructure enhancements and a notably undersupplied rental market, particularly for houses. Recent sales activity indicates robust momentum, though planned new supply remains insufficient to meet current demand levels. This persistent undersupply, coupled with interest rate sensitivity, represents the primary constraint on future affordability and growth.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

1.43 acres

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