3/30 Brunswick Road, Mitcham VIC 3132

2-bedroom unit | 173sqm freehold land | private courtyard | no overlays This unit offers a rare combination of freehold land and a fully fenced private courtyard within Mitcham, a suburb with moderate demand for entry-level housing. The lock-up garage with direct access and separate WC add practical appeal for owner-occupiers or investors targeting tenants who value space and independence over strata constraints. The property is best suited to first-home buyers or downsizers seeking a low-maintenance yard without body corporate restrictions. The key risk is the -3% suburb growth trend, which may limit short-term capital appreciation and narrow the buyer pool. However, the absence of bushfire, flood, or heritage overlays reduces holding risk and insurance costs. The rental yield near 3.9% supports a buy-and-hold strategy, particularly if purchased below the mid-point estimate. Hold for at least five years to ride out the current soft market.