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2/20 Commercial Road, Melbourne$745,000
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For Saletownhouse

2/20 Commercial Road

Melbourne, VIC 3004, Australia
$720,000 – $770,000
1 bed 1 bath 2 car

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About this property

Inspection by Appointment Only Positioned at the front of a mixed use development, this light filled two level property presents a versatile opportunity to live, work, or combine both in a well-connected inner urban setting. The property is suited to residential occupation, professional use or studio-style use (subject to any necessary Council approval) within an established medical and mixed-use precinct. Across two levels, the layout provides a functional separation of uses. The ground floor features a main room with high ceilings and wide glazing, opening to a partly covered private courtyard. Upstairs, a well-proportioned living and dining area and complemented by a kitchen with ample cabinetry. The stone tiled bathroom includes a separate shower and WC, basin and mirror. The property is located on Commercial Road, with access to tram services connecting to the CBD, South Yarra and St Kilda.

Property Details

Property Type
townhouse
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
2
Listed
2 months ago

Repayment calculator

$3,612/month
$1,806 /fortnight
Loan $596,000 at 6.10% over 30 years

Upfront costs

Deposit$149,000
Stamp duty$39,770
Conveyancing (est.)$2,000
Total upfront$190,770
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Melbourne

This 1-bedroom townhouse in Melbourne, VIC 3004 sits within reach of public transport, local shops and nearby schools. It is listed 7% above the $697,500 median of 60 comparable townhouseswithin 5 km.

Schools near Melbourne

  • Eltham College - Lonsdale Street Campuscombined
  • Melbourne Grammar Schoolcombined · Prep-12 · CoEd
  • Melbourne Grammar School - Wadhurst Campuscombined
  • Victorian College For The Deafcombined · U · CoEd
  • Wesley Collegecombined · Prep-12 · CoEd
  • Holmes Grammar Schoolsecondary · 11-12

What's nearby

  • Southgate Landing - Berth 1 (ferry)3.0 km away
  • Rapha4.1 km away
  • Market Street Park3.5 km away
  • Unnamed3.6 km away
  • Unnamed4.0 km away

Melbourne at a glance

Full suburb profile
Population
54,941
Median age
29
Household income
$1,448/wk
Median rent
$381/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Melbourne price trend

Median sold · Unit 1 bed

Compound growth -0.8% / yr over 4 yrs

$345kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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