1/65 Jensen Road, Preston VIC 3072

Modern infill townhouse | Preston North East Primary zone | Low-maintenance two-bedroom | Strong rental demand corridor This property represents a rare opportunity to acquire a near-new townhouse in a tightly held Preston pocket, where detached houses dominate and well-finished duplex stock is scarce. The 105sqm block is compact but efficient, and the open-plan layout with quality finishes positions it well for owner-occupiers seeking a lock-and-leave alternative to an apartment, or for investors targeting the professional couple and small family demographic drawn to the school catchment and transport links. The subdivision is clean, the title is separate, and the absence of overlay risk simplifies due diligence. The primary risk is the narrow buyer pool for two-bedroom townhouses at this price point, which may extend time on market if vendor expectations remain at the upper end of the range. The comparable sale of 2/65 Jensen Road at $630,000 sets a clear floor, but the premium for a slightly larger floorplan and newer finishes must be justified. For a buyer, the strongest position is to negotiate toward the lower end of the $695,000–$735,000 range, using the recent comparable and the current rental estimate of $650–$710 per week to anchor yield. Hold for capital growth driven by Preston’s rising median and school demand, or lease immediately for positive cash flow.