65 Antares Parade, Kalkallo VIC 3064

Small land parcel | Limited sales evidence | Young owner-occupier micro-market | 39% auction clearance | Rental yield over 4% The property sits on a relatively small 273m² lot within Kalkallo’s newer master-planned estates, an area where diminished transaction volumes leave the price boundary uncertain. This creates specific risk for a motivated buyer if market softness persists, potentially eroding short-term equity. That said, a gross rental yield approaching 4.5% on a conservative estimate offers genuine cash-flow logic for an investor owner-occupier willing to hold. This is not a capital gains play over two to three years. It is a serviceable family home that supports neutral holding costs if you fix finance early. What is competitive here is the clear title, absent overlay constraints, and solid school proximity within a young-demographic pocket where demand for four-bedroom family housing remains structurally above supply. The property’s advantages are the two ensuites, Fibre to the Premises connectivity, and a construction date that avoids legacy building-code headwinds. It serves best a buyer prioritising rental cover and steady occupancy over speculative appreciation. To secure conviction, review the Statement of Information for the agent’s comparable sales analysis, and cross-reference the rental estimate with local leasing agents to confirm the yield floor before your inspection on Saturday.