1/65 Yarra Street, Heidelberg VIC 3084

2-bedroom townhouse | 118sqm block | Heidelberg primary school zone | 80% owner-occupied street The property’s compact footprint on a small block in a stable owner-occupied street positions it well for first-home buyers or downsizers prioritising location over space. The two-car parking is a genuine rarity for a unit of this size in Heidelberg, and the school catchment adds practical appeal for families. Its configuration as a townhouse rather than a flat gives it a slight edge over apartments in the same price band, and the street’s low rental turnover suggests limited supply pressure. The 2005 sale price indicates long-term holding, but the absence of recent sales history or floor plans means you are buying on faith regarding internal condition. The small block limits future extension potential, and the 118sqm land component offers no development upside. For an owner-occupier, the property works as a low-maintenance home with good schooling access; for an investor, the yield will likely be constrained by the modest size. Hold it as a long-term residential base rather than a trading play.