10 Tea Tree Lane, Burwood VIC 3125

2-bed townhouse | Burwood near Deakin | covered balcony & courtyard | low-maintenance buy This property occupies a narrow but functional niche in Burwood’s market. The two-storey townhouse configuration with separate courtyard and balcony is uncommon for a 52sqm lot, giving it a genuine edge over the area’s typical apartment stock. The layout works well for a professional couple or a single occupant who wants separation of living and sleeping levels without strata complexity. The shared ensuite arrangement is a practical concession in a compact floorplan, and the study nook adds flexibility. For an investor, the 5% rental yield estimate aligns with Burwood’s apartment median, but the townhouse format should attract a slightly more stable tenant profile. The main risk is the 52sqm land size, which limits capital growth relative to larger townhouses or villas in the same price bracket. The absence of a second bathroom is a genuine drawback for resale to families or sharers. The property sits in a quiet laneway, which is good for noise but may reduce visibility and curb appeal. Buyers should note the price guide range of $680k–$898k is unusually wide, suggesting the seller may be testing the market. The opportunity is to negotiate toward the lower end given the small land component and the fact nearby comparable units transacted around $676k. Hold this as a low-maintenance rental or owner-occupied starter, and plan to exit within 5-7 years before the compact floorplan becomes a constraint.