36 Eothen Lane, Kilsyth VIC 3137

Modern contemporary | compact block | walk to everything | strong rental yield The property offers a rare combination of a three-bedroom two-bathroom floorplan on a sub-260-square-metre block, which is efficient rather than cramped. The 186-square-metre internal footprint is substantial for the land size, and the covered outdoor area extends the living zone in a way that compensates for the lack of a large yard. This makes the house best suited to downsizers, small families, or investors targeting tenants who prioritise low maintenance and amenity access over garden space. The zoning for Kilsyth Primary and Yarra Hills Secondary College is a practical advantage for owner-occupiers with school-age children, and the absence of bushfire, flood, or heritage overlays removes common friction points in due diligence. The rental estimate of around $650 per week points to a gross yield in the mid-4% range, which is respectable for a modern house in a corridor where older stock often yields lower. The main risk is the single garage and the compact land, which may limit appeal to buyers who require workshop space or multiple vehicle storage. The price guide sits near the upper end of what the market has historically supported for similar-sized blocks in Kilsyth, so negotiation room is likely narrow unless the campaign softens. On the opportunity side, the property has held strong capital growth since its 2015 sale, and the modern finish reduces immediate maintenance outlay. The FTTP NBN connection and 5G coverage are supporting conveniences rather than primary value drivers. Hold this property as a low-maintenance residence or a steady rental with modest capital growth tied to the corridor’s ongoing infill demand.