2 Alexandra Avenue, Canterbury VIC 3126

Victorian-era house, Golden Mile position | renovated, Feng Shui-influenced | tightly held street, low turnover | premium family zone The property’s competitive edge lies in its rare combination of a fully renovated Victorian shell on a 583sqm lot within Canterbury’s most tightly held enclave, where stock rarely surfaces and buyer demand consistently outstrips supply. The Feng Shui-informed layout and manicured gardens are not stylistic flourishes but deliberate design choices that broaden appeal among Asian-Australian buyers, a significant demographic in this corridor. For a family seeking a move-in-ready period home with strong schooling catchment access,Canterbury Girls Secondary College within walking distance,this property offers a configuration that is both rare and immediately usable, reducing renovation risk and timeline. The primary risk is price tension: the listing range sits below the property.com.au estimate but above Domain’s, suggesting the seller may need to meet the market closer to the mid-point. The 251-day campaign history signals either overpricing or a narrow buyer pool at this level, which a patient buyer can exploit. Opportunity lies in the adjacent 2A property,purchasing both could unlock a consolidated land holding for future development. Hold for capital growth driven by land scarcity and school demand; do not expect yield above 2.2% in the short term.