1/14 Mary Street, Hamlyn Heights VIC 3215

North-facing townhouse | quiet convenient pocket | near cafes and CBD | 3 bed, 2 bath, single car This north-facing townhouse presents a competitively strong offering in a quiet yet convenient pocket of Hamlyn Heights. Its three-bedroom, two-bathroom configuration with quality finishes is less common than houses in the suburb, serving owner-occupiers seeking contemporary comforts with low-maintenance living. The property’s position, five minutes from the CBD and near key shopping strips, underpins its rental and capital appeal, best suiting a professional buyer or investor seeking a balanced entry into a stable market. The primary risk is the single car space, which may constrain future resale to multi-vehicle families. The lot size, while adequate, is smaller than some nearby houses, capping garden appeal. However, the clear overlay position and reliable connectivity are supporting advantages. Given the suburb’s balanced market conditions and the property’s estimated rental yield exceeding the suburb median, it represents a sound hold for a five-to-seven-year horizon, suitable for both live-in ownership or a straight investment. Recent comparable sales are limited but instructive: – This property last sold in 2013 for $430,000. – A nearby one-bedroom unit at 1-14 Mary Street sold for $400,000 in October 2010. This historical data underscores significant capital growth over the past decade. The current asking range reflects this established upward trajectory, positioning the townhouse at a premium to the suburb median but within a logical progression for a modern, well-located three-bedroom offering.