1/55 Durham Street, Eaglemont VIC 3084

Small block of three | Elm-tree frontage | Zoned Heidelberg Primary | Low-maintenance villa This property occupies a rare position within Eaglemont: a villa in a block of only three, set behind a deep nature strip and mature elm trees. For a buyer, that configuration delivers uncommon privacy and a sense of established space, without the strata complexity of a larger development. The 186-square-metre land parcel, while modest, supports a genuinely low-maintenance lifestyle, and the zoning for Heidelberg Primary and Viewbank College adds family-market depth. The property suits downsizers seeking single-level living in a tightly held suburb, or owner-occupiers who prioritise setting over square metres. The main limitation is the single bathroom, which narrows appeal among families and investors. Renovation potential is constrained by the villa format, so the buyer should treat this as a hold-and-enjoy property rather than a value-add play. On the positive side, the 2021 purchase price of approximately $1.02 million provides a clear market floor, and the March 2026 sale of unit 2/55 at $970,000 confirms recent demand at similar levels. The estimated rental return of $655 per week is moderate, but the property’s real strength is its scarcity: well-positioned villas in Eaglemont rarely trade, and the long average owner tenure of 19 years in the building signals strong liveability. A buyer should hold this for lifestyle and capital preservation, not yield.