4/28 Urana Street, Kilsyth VIC 3137
4/28 Urana Street, Kilsyth VIC 3137
2 bed 1 bath unit | 181 sqm land | timber floors and secure garage | priced around recent $640k sale in same building | suits downsizers and first-home buyers
This unit sits on a notably generous 181-square-metre parcel, which is uncommon for a two-bedroom unit in Kilsyth and gives it a stronger land-to-building ratio than most comparable stock. The polished timber floors and secure garage with storage lift the presentation above basic entry-level walk-up units, placing it firmly in the mid-market segment. It is best suited to downsizers seeking single-level low-maintenance living or first-home buyers wanting a solid foothold in an established eastern suburb without the premium of a detached house. The recent sale of unit 2 in the same building at $640,000 in May 2025 confirms that the local market is trading consistently around the mid-$600,000 range for this exact configuration, which provides a reliable benchmark for value.
The property’s age and construction quality are not disclosed, so it is worth verifying whether the building meets current insulation and energy-efficiency standards, as older units may carry higher ongoing utility costs or require near-term maintenance. The absence of confirmed school catchments, rental yield data, and zoning information means that a buyer relying on strong rental returns or specific school access should seek independent verification before committing. The single car space may be a constraint for households with two vehicles, and the lack of on-site amenities such as a shared courtyard or visitor parking could limit appeal for some buyers. These factors may influence the final price, but they do not undermine the property’s core strength as a well-presented unit on a solid land footprint in a stable suburban market.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/28 Urana Street, Kilsyth VIC 3137
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
URL has been copied successfully!
Market Insight
Kilsyth presents as a steady outer-eastern suburb with a balanced mix of owner-occupiers and investors. Demand is driven by a diverse demographic of families and singles, supported by robust sales activity and healthy rental demand. Recent market conditions show consistent price appreciation across both houses and units, with properties transacting efficiently, indicating sustained buyer interest. Future growth is underpinned by this solid demand profile, though risks include potential market sensitivity evidenced by some softening in auction clearance rates and extended selling periods for units.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
181m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!