2 Durkin Street, Newport VIC 3015

3 beds on 377sqm | full house not a unit | walkthrough video available | established Newport street with rental depth The property at 2 Durkin Street represents a rare configuration in this part of Newport,a detached house on a full 377 square metre lot where nearby comparables are predominantly units or smaller blocks. For a buyer seeking land content without moving to the outer suburbs, this is the structural advantage. The three-to-four bedroom layout and two bathrooms give it genuine family appeal, and the presence of a video tour and floor plans suggests the vendor is serious about transacting. This property suits owner-occupiers who want a house, not a compromise, and who value being in a street with 32 properties of known sales history and rental evidence. The risk here is valuation divergence,Property.com.au at $1.45 million versus Domain’s $1.05 to $1.39 million range creates negotiation ambiguity that can cost a buyer thousands if not managed. The nearby 7 Durkin Street renting at $1,300 per week provides a ceiling on rental yield logic for investors. The opportunity is that the lower end of Domain’s range may reflect a motivated seller, especially if the listing has been sitting. Hold this property as a long-term family home or renovate selectively to lift it toward the higher end of the valuation band without overcapitalising.