6/4 Delany Lane, Craigieburn VIC 3064

Compact 173m² townhouse | 3-bed, 2-bath, 2-car | Street-facing in central pocket | Walk to Stockland | Strong rental yield near 4.7% This property offers a rare configuration advantage for a townhouse on a small lot: three bedrooms, two full bathrooms plus a powder room, and two remote garage spaces, all on a single street-facing title. The floorplan separates living zones effectively, with a sunlit kitchen and meals area downstairs and bedrooms upstairs, which supports both owner-occupier appeal and tenant retention. Its central Craigieburn position, within walking distance to a major shopping centre and zoned for well-regarded schools, strengthens demand from families and downsizers alike. For a buyer seeking low-maintenance exposure to a growth corridor, this townhouse competes on liveability and yield, not land size. The key risk is the compact 173m² lot, which limits future subdivision or significant extension,this is a hold-and-rent or live-in proposition, not a development play. No flood, bushfire, or heritage overlays reduce insurance and compliance costs, and the absence of strata fees (as a unit on its own lot) improves net return. The 38% capital growth since 2018 suggests the suburb has absorbed recent price increases, so near-term appreciation may moderate. The optimal strategy is to purchase below the $520,000–$550,000 guide, secure a tenant at $510–$560 per week, and hold for steady cash flow and gradual capital gain in a well-located, low-maintenance package.