112 Adeney Avenue, Kew VIC 3101
112 Adeney Avenue, Kew VIC 3101
Character-rich renovation | park-front position | four-bed-plus-study flexibility | pool and garden | no garage
This house offers a rare combination in Kew: a period facade with genuinely modern family living behind it. The four-bedroom-plus-study layout, with the option of a fifth bedroom, gives it real flexibility for growing families or those needing dedicated work-from-home space. The park-front position opposite Victoria Park is a genuine lifestyle advantage, and the solar-heated pool, established garden, and wraparound deck extend the living space in a way that many renovated period homes in the area simply do not match. It sits comfortably within the family-house market that dominates this pocket, and the multiple living zones mean it will suit buyers who entertain regularly or have children spread across different age groups. The school catchment and proximity to private schooling add further weight for family buyers.
The absence of a garage may be the most material constraint here, particularly for buyers accustomed to secure off-street parking beyond a simple driveway. The uncovered deck might also limit year-round entertaining potential, though this is a relatively minor adjustment rather than a structural issue. The land size, at roughly 518 square metres, is workable but not generous for the area, so the value will hinge more on the quality of the renovation and the strength of the park-front appeal than on land banking potential. Buyers should weigh whether the layout upstairs and the condition of the pool and garden justify the premium that a property like this typically commands in this corridor.
|| Comparable Sales: 31 Adeney Avenue sold May 2025 around $2.6M–$2.7M | 12 Second Avenue listed near $3.4M–$3.5M | Property Price Band: $2.5M–$2.7M | Value Drivers: park-front position, renovated condition, flexible bedroom count
Detailed Independent Property Report prepared by PropCred Analyst team for 112 Adeney Avenue, Kew VIC 3101
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
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Market Insight
Kew remains a premium inner-east Melbourne market, with a median house price of $2.779 million and units at $935,000. House prices slipped 1.1% over the past year, while units rose 1.63%, reflecting softer demand at the top end. Houses sell in a median 33 days. Demand is driven by affluent families and professionals, drawn by school catchments and transport links; 41% of mortgaged owners and household incomes well above the Greater Melbourne average support serviceability. Gross rental yields are thin for houses at 2.05%, but units offer 3.55%. Future growth hinges on ongoing population pressure and infrastructure, with a forecast trajectory toward a $2.5 million median by 2026. Key risks include interest-rate sensitivity, affordability constraints, and supply-demand imbalances that could trigger pricing adjustments.
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PropCred Estimated Value
Comparable Sales: 31 Adeney Avenue sold May 2025 around $2.6M–$2.7M | 12 Second Avenue listed near $3.4M–$3.5M | Property Price Band: $2.5M–$2.7M | Value Drivers: park-front position, renovated condition, flexible bedroom count
Bedrooms
4
Bathroom
3
Parking
2
Land
519m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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