7/26 Barnett Street, Kensington VIC 3031

3BR townhouse | Kensington 3031 | single-car courtyard | flexible third room | no heritage overlay This townhouse offers a rare combination of a 1995 build, a single-level layout, and a private courtyard within Kensington’s tightly held market. The flexible third room on the upper level supports a range of buyer profiles,first-home buyers, young families, or investors,without the compromise of a second bathroom. The absence of planning overlays and the 5.8% suburb growth signal a stable, low-risk entry point for a buyer seeking a long-term hold, particularly given the property has been held since 1997 and is now offered for the first time in nearly three decades. The primary risk is the single bathroom, which may limit appeal to families and future resale depth, though the presence of a separate powder room partially mitigates this. The wide variance in valuation estimates,$839,000 to $1.5 million,indicates pricing uncertainty, and the recent comparable sale at $900,000 for a similar unit in the same street provides a more grounded benchmark. The rental yield of 3.5% supports investor interest, but the property is best suited as a hold-and-occupy purchase, where the buyer benefits from low ongoing maintenance and a location with strong school catchment access.