47B Keats Avenue, Kingsbury VIC 3083

Near-new townhouse | Kingsbury | four-bedroom ground floor | no overlays This property presents a rare configuration advantage in Kingsbury: a near-new four-bedroom townhouse with a ground-floor bedroom and ensuite, making it genuinely functional for downsizers, multigenerational buyers, or investors targeting premium rental demand. The secure automatic gates and low-maintenance landscaping reduce holding costs while the absence of bushfire, flood, or heritage overlays simplifies due diligence and future resale. It serves best a buyer seeking a turnkey home with immediate occupancy and strong appeal to families or professionals who value single-level living options within a duplex format. The primary risk is the lot size—280m² on a duplex title limits future subdivision potential and may constrain capital growth compared to standalone houses in the same price bracket. The estimated value range of $989,000 to $1.04 million sits above the agent’s guide, suggesting a buyer may need to stretch to secure it, though the recent 2020 sale at $930,888 provides a clear floor for negotiation. Rental income of approximately $740 per week offers a modest 3.8% gross yield, acceptable for a near-new property but not exceptional. Hold this property as a long-term owner-occupier home or a low-maintenance investment in a stable suburb with good school proximity—it is not a land-banking play.