23 New Street, South Kingsville VIC 3015

Existing house site | New Street infill corridor | Strong family appeal | Investor rental interest | Older stock context The property is positioned on a street where established houses and new townhouse developments are placed side by side. The location is suited to families seeking an older house in a suburb that remains close to the CBD by inner-west standards. Investor interest is supported by rental demand seen on the street, while local shops, cafés, schools, and Newport Lakes Reserve are within reach. Given the amount of new infill nearby, this house might be seen as one of the more affordable ways into the street, offering land and layout that newer product cannot fully replicate. Value may be influenced by land size and development potential. The dwelling’s condition could be viewed as less polished than newer townhouse stock, narrowing the buyer pool. If the block is comparable, support might be found from renovation or future infill prospects. Perceived liveability may be affected by street transition and construction activity, a point to consider when forming a price view. >> Comparable Sales: 2/92 New Street sold $769,950 | Property Price Band: $800K–$900K | Value Drivers: Land size, dwelling condition, street position