55 Union Road, Ascot Vale VIC 3032

2 bed house in Ascot Vale | 4 car spaces | Union Road retail strip | 84m² internal on 326m² land | sub-4% yield signal This house offers a configuration that is rare in inner Ascot Vale, combining a detached dwelling on a full 326m² lot with exceptional parking for four vehicles, which is well above typical inner-suburban stock. The location on Union Road provides direct access to established retail amenity and strong public transport links, making it a strong fit for professionals or young families seeking walkable convenience and a low-maintenance footprint. The 84m² internal area is compact but functional, supported by built-in robes, gas heating, and air conditioning, while the fully fenced yard adds private outdoor space. The property sits in a suburb where detached houses are increasingly scarce relative to apartment supply, which may support demand from owner-occupiers who value a house over a unit. The asking price sits above the estimated value range provided by profile sources, which may indicate a premium being sought for the rare parking capacity or the detached house form in this location. The estimated rental yield of 3.33% is below what is typically expected from investment-grade stock, suggesting the property is more suited to owner-occupation than passive income generation. A buyer should weigh whether the convenience of Union Road placement introduces any street noise or traffic exposure compared to a quieter side street, and whether the compact internal area aligns with their space requirements over the medium term.