G01/8 Clydebank Road, Edithvale VIC 3196

Ground-floor flat | 100m² private courtyard | rare 2-bed, 2-bath configuration | zoned for Edithvale Primary & Mordialloc College This ground-floor unit presents a rare offering in Edithvale, combining a substantial private courtyard over 100 square metres with a two-bedroom, two-bathroom layout rarely found in flats. This configuration creates a competitive edge for owner-occupiers seeking low-maintenance, indoor-outdoor living or for investors targeting small families, as the dual bathrooms and zoning for local schools directly cater to that demand. The property’s immediate sale after its 2023 purchase suggests strong underlying appeal, though it necessitates scrutiny of the vendor’s motivation. The primary risk mechanism is the strata title, costing the buyer control over the shared 1858-square-metre lot and exposing them to future levy decisions. The commercial logic is to secure a spacious, ground-oriented unit in a market where such stock is limited, positioning it to attract premium rental yields or hold for capital growth driven by its scarcity. Proceed with a strata report to validate financial health and capital works plans, as this dictates long-term viability. Our advisory report would pressure-test the $780,000 estimated value against true comparable sales and detail locality-specific risks, from council zoning to insurable flood overlays, which are currently absent. The property last sold for $730,000 in September 2023. This rapid resale indicates solid liquidity, but the current asking price requires justification from improved market conditions or capital investment made in the intervening period.