9 George Street, Alexandra VIC 3714

Modest 3-bedder on 706m² | below suburb median | no overlays | steady rental demand This property is competitively positioned as a lower-entry house in Alexandra, sitting below the suburb’s median price for three-bedroom homes while offering a mid-sized block with no bushfire, flood, or heritage overlays—a rare combination that reduces buyer friction. The 123–131m² floorplan, balcony, deck, and split-system heating and cooling make it a straightforward, low-maintenance proposition for owner-occupiers seeking affordability or investors targeting a reliable rental yield near $420 per week. Its location within Alexandra Primary and Secondary College zones further supports family buyer appeal. The key risk is the lack of recent comparable sales on George Street, making value estimation reliant on broader suburb data where median prices sit higher. The property’s smaller building size relative to the nearby 8 George Street comparable suggests it may not capture the same premium buyer segment, potentially limiting capital growth in a soft market. However, the absence of overlay constraints and the 706m² block offer future flexibility—such as subdivision potential or extension—if council zoning permits, which could unlock value for a patient buyer.