298 George Street, Fitzroy VIC 3065

4-bed Victorian | 275m² inner-block | upgraded services throughout | secluded Japanese garden This is a competitively positioned inner-city house where heritage character has been carefully upgraded for modern liveability. The four-bedroom configuration on a 275m² block is less common in Fitzroy than smaller terraces, and the inclusion of double-glazing, hydronic heating, and solar panels lifts this property above typical period stock in thermal comfort and running costs. The rear garden with Japanese landscaping and separate access from a fourth bedroom or office creates genuine flexibility for buyers who need a home workspace or guest suite. This property would serve best a professional couple or small family wanting immediate walkability to Smith and Brunswick Streets without sacrificing quiet outdoor space or energy efficiency. The asking range sits below Domain’s central estimate, but without verified settled sales nearby, it remains unclear whether this represents genuine value or simply market caution. The absence of on-site parking may narrow buyer interest, particularly for families who rely on a car. The heritage-era build may carry constraints on future alterations, and the land size discrepancy between listing sources suggests a buyer should confirm the exact title dimensions before forming a price view. Rental yield is modest at an estimated 3.22%, which points to an owner-occupier rather than investor-led market for this property.