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12/5 Peter Street, Grovedale VIC 3216

$525,000 - $555,000

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$525k - $551k Transparent Transparent Listing Based on an openly advertised listing price.

Townhouse 3 Beds 1 Bath 2 Cars 198 m²

Listed: 4th Sep 2026

Overview

Positioned quietly and conveniently in Grovedale, this recently refreshed townhouse offers an excellent balance of functionality and lifestyle appeal. The fresh paint and new carpets provide a move-in ready environment, minimizing immediate maintenance concerns.

The three-bedroom layout is complemented by a double garage and a living area oriented to overlook a neat, private courtyard, promoting a peaceful living experience with enhanced privacy. This setup is well-suited to those seeking a comfortable first home or a practical downsizer. Investors may also find its rental potential appealing, with an estimated weekly rental income of $460.

Strategically located within easy reach of Waurn Ponds shopping center, schools, transport options, and leisure facilities such as Leisurelink, the property offers both convenience and accessibility. The proximity to Torquay Road and beaches caters to lifestyle enthusiasts. Despite the double garage, the location supports reduced reliance on a car, adding to its attractiveness for buyers prioritizing walkability.

Local Market Insights

In Grovedale, Quiet Listings observed 7 new townhouses entering the market over the last 30 days, up from 6 during the previous 30-day period, with an average advertised asking price of $671,286. The property type mix of listed properties is predominantly Houses at 72%, followed by units (19%), and townhouses (7%). The most active agency for townhouses in the Grovedale area is currently Buxton Real Estate Group, representing 43% of new listings, followed by Ray White with 29%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.