310/34 Eyre Street, Kingston ACT 2604

| Low rental yield | high accuracy midpoint | medium accuracy rental | very walkable | one-bedroom exposure This unit offers a 5.15% rental yield based on a $560 per week estimate, which is below the historical average for Kingston one-bedroom units. The risk is that if the purchase price approaches the $570k midpoint, the yield compresses further, reducing cash flow and making mortgage serviceability tighter for investment buyers. The opportunity lies in the 6.2% annual capital growth and a 1.4% vacancy rate, suggesting strong tenant demand. The judgment: this is a hold property, not a flip—buy for long-term capital growth in a precinct with proven appreciation. The walk score of 87 and safety score of 9.1 make this competitively strong for professionals seeking low-maintenance city-fringe living. The 6.0 EER and FTTP are value-adds for owner-occupiers, not prime drivers for investors. The property best suits a buyer who values location over space—a single professional or couple prioritizing walkability and security over square metreage. Your next move: verify lease length and strata fees, then decide if a 5% gross yield fits your portfolio strategy. Comparable sales data supports the $490k–$650k range: 410/34 Eyre Street sold at $550k for a similar 1/1/1 layout, and the suburb median for one-bedroom units is $507k. The midpoint estimate of $570k positions this property at a premium, justified by newer build quality and superior walkability, but not a bargain.