2/10-12 Medhurst Street, Burwood East VIC 3151

4-bedroom townhouse | quiet cul-de-sac near Burwood Brickworks | ground-floor ensuite bedroom | zoned for Mount Waverley Secondary College The property’s strongest buying case lies in its rare combination of a 1507m² land parcel with a contemporary townhouse configuration, including a ground-floor bedroom with ensuite and walk-in robe—a feature that serves multigenerational households or rental flexibility. The open-plan living, gourmet kitchen with premium Bosch oven, and private courtyard with entertaining deck create a low-maintenance, high-amenity home that competes well against older stock in the suburb. With an 83% auction clearance rate for comparable houses and median prices at $1.379 million, the current auction guide of $1.25–$1.35 million positions this as a potentially undervalued entry into a stable market, best suited to families seeking school catchment access to Mount Waverley Secondary College without sacrificing modern finishes. The primary risk is the suburb’s -0.8% growth rate, which may limit short-term capital gains, and the property’s auction format requires a buyer to compete within a narrow window of inspection times. However, the absence of bushfire, flood, or heritage overlays reduces holding risk, while NBN Fibre to the Premises and 5G coverage add practical value for remote workers. The rental yield of 3% and $785/week income potential provide a fallback if occupancy changes. Hold this property for at least five years to ride out the growth dip, or lease it immediately to capture the yield while the market stabilises.