109 Eastwood Street, Kensington VIC 3031

Two-bedroom semi-detached | Kensington village edge | secure parking courtyard | new kitchen polished floors. The buying case rests on a rare configuration in this part of Kensington: a semi-detached house on its own lot with off-street parking and a private courtyard, within walking distance of the station and Macaulay Road retail. The new kitchen and polished floors reduce immediate capital outlay, while the 90-square-metre footprint and separate laundry indicate a floorplan that works for a professional couple or downsizer seeking low-maintenance inner-urban living without strata. The 3.4 per cent rental yield provides a credible fallback if plans change, and the absence of heritage or flood overlays removes two common friction points for future renovation or extension. The primary risk is the –2.7 per cent suburb-level price softening, which may extend time to resell at a premium. The 146-square-metre lot is modest, limiting scope for major additions without a planning permit. The opportunity lies in the automatic sliding gate and secure garage, which command a premium in this market, and the NBN hybrid fibre coaxial connection supports remote work. Hold as a long-term owner-occupied base in a suburb with steady amenity, or rent for cash flow while the market stabilises.