112A Koonung Road, Blackburn North VIC 3130

Reserve-backed dual-level design | Two studies for WFH flexibility | Walk to schools and shops | Low-risk, no-overlay zone This property occupies a rare position in Blackburn North: a modern house with a reserve boundary that cannot be built out, giving the buyer permanent privacy and a green outlook. The dual studies, one per level, and the ground-floor bedroom with adjacent bathroom make this a strong candidate for multigenerational households or professionals who need separation between work and living. The kitchen’s window splashback and white stone island, along with the undercover alfresco deck, create a clean, low-maintenance entertaining core that aligns with current buyer preferences for indoor-outdoor flow. For a family or downsizer seeking walkability to Old Orchard Primary and Blackburn High School, this house offers configuration that competing newer builds on smaller lots often lack. The primary risk is the 312m² lot and 51% site coverage, which limits future extension potential and may deter buyers seeking land banking; this is a home to use, not to subdivide. The absence of overlays and the reserve backing mitigate that constraint by removing external development risk and enhancing livability. The 2019 to 2026 price growth of roughly 41% suggests the suburb’s momentum is real, but the buyer should note that rental yield at current estimates sits below 3%, making this a hold-for-occupation rather than a pure investment play. Buy to live, improve the landscaping lightly, and let the school catchment and reserve adjacency do the compounding.