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5c Burns Street, Maidstone$770,000

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5c Burns Street

Maidstone, VIC 3012, Australia

$770,000

2 bed 2 bath 1 car

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Listing description

About this property

Opportunities like 5C Burns Street, Maidstone are rare and highly sought after! With approved plans for two side-by-side townhouses, all the hard work has been donestart building and capitalising immediately. The current home features two spacious bedrooms, a lounge adjoining the kitchen, and two bathrooms, and is already generating $1,912 per month in rental income. Set in a fast-growing location surrounded by new developments, transport, schools, and shopping, this is your chance to secure a high-potential site before it's gone. Act fast properties with permits are in strong demand! Auction This WILL be sold! Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist *DISCLAIMER. Please note that all artist impressions are for marketing and advertising purpose only, all colours schedules, fixtures & fitting and materials are indicative only and may vary when completed. Nguyen Real Estate does not guarantee, warrant or represent that the information contained in this advertising and marketing document is correct, any interested parties should make their own enquiries as to the accuracy of the information. We exclude all inferred or implied terms, conditions and warranties arising out of this document and any liability for loss or damage arising there from.

Property Details

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

Repayment calculator

$3,733/month

$1,866 /fortnight

Loan $616,000 at 6.10% over 30 years

Upfront costs

Deposit$154,000

Stamp duty$41,270

Conveyancing (est.)$2,000

Total upfront$197,270

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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 Maidstone

This 2-bedroom house in Maidstone, VIC 3012 sits within reach of public transport, local shops and nearby schools. It is listed 10% below the $859,000 median of 54 comparable houseswithin 5 km.

Schools near Maidstone

MacKillop Specialist School - Flexible Learning Centre Maidstonecombined

What's nearby

Studley Street (bus) — 160 m away
First Press Coffee — 740 m away
Maidstone Park — 205 m away
Scovell Reserve — 354 m away
Rogers Reserve — 367 m away

Maidstone at a glance

Full suburb profile

Population: 9,389
Median age: 34
Household income: $1,916/wk
Median rent: $381/wk
Median mortgage: $2,000/mo

Source: ABS Census.

Due diligence

Property Report

Lifestyle & access

Schools

7 nearby schools

Catchment: Maidstone Primary School

Public transport

10 stops within 1.5km

Nearest: Lindenow Street/Rosamond Road (1.1km)

Traffic

Moderate congestion

Morning and evening peak hours (7-9am, 5-7pm) see increased traffic on nearby arterials, particularly Mt Alexander Road and Ormond Road, with moderate delays during school pickup/drop-off times

Noise

Moderate noise

Nearest: road (0.1km)

Risk & safety

Flood risk

Medium

Maidstone is located in the Maribyrnong River and Avon River catchment areas in Melbourne's inner-west, with portions of the suburb subject to the Land Subject to Inundation Overlay. Historical flooding has occurred during major rainfall events, particularly affecting low-lying areas adjacent to these waterways. Prospective purchasers should verify their specific property address against current VIC planning overlays and seek professional flood advice.

Bushfire risk

Low

BAL: BAL-LOW

Crime profile

average

Trend: stable

Planning & context

Zoning

GRZ1 — General Residential Zone

Maribyrnong Planning Scheme

Nearby development

5 projects nearby

Maidstone is experiencing modest infill development typical of established inner-western Melbourne suburbs, with gradual residential densification through small-scale subdivisions and apartment approvals near the train station and activity centres. Infrastructure upgrades along the Maribyrnong River corridor and local commercial precincts are supporting broader renewal, though development pace remains constrained by heritage considerations and established character overlays across much of the suburb.

Heritage

Heritage listed

Maidstone is an established inner-west Melbourne suburb with a Heritage Overlay covering significant portions, particularly around the historic estate precinct and railway corridor. The area contains late 19th and early 20th-century residential properties and institutional buildings that contribute to its character. Development is constrained by heritage protections requiring sympathetic design and retention of significant fabric.

Sources: Australian Gov open data, OpenStreetMap + StMate AI

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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