90B Surrey Road N, South Yarra VIC 3141

compact townhouse | 2-bedroom, 2-bathroom, 1 car space | 63 m² land | contemporary terrace style | strong rental yield signal This townhouse is competitively positioned as a compact, contemporary terrace-style dwelling in an inner-suburban location where house-like form with a smaller footprint is highly sought. The 2-bedroom, 2-bathroom configuration with parking aligns well with professionals and downsizers who prioritise low-maintenance living and lifestyle convenience. The property’s strength lies in its efficient layout and the inclusion of a car space, which adds practical value in a dense area. The rental listing at $950 per week suggests strong investor appeal and a gross yield in the high 5% to low 6% range, making it attractive for owner-occupiers and investors alike. The small 63 m² land size may limit long-term capital growth compared to larger townhouses or detached houses, as value depends heavily on the quality of the fit-out and layout rather than land content. The contemporary description implies a more recent build, but the exact construction age is not confirmed, which could affect depreciation or maintenance expectations. The property’s orientation, outdoor space, and noise exposure are not disclosed, so a buyer should seek clarity on these factors. The last sale in 2007 means there is no recent price history to guide valuation, so forming a view on price should rely on current market conditions and comparable sales in the immediate area.