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That's a better street and a nicer property. They are asking a lot for a townhouse with no parking and 2 bedrooms/1 bathroom. If you spread your search to west footscray and Maidstone you will get much better value for money

It will definitely affect CG and potential renters. Not just the fact is is facing a train line, but also if you do a street view on google maps you can see cars parked all along at the front of the street and 10 meters away is a massive car park for commuters. This may not put off all renters...