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61 Derby Street, Kew VIC 3101

$1,400,000 - $1,500,000

Search Band Search Visibility Band

$1.4M - $1.5M High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 2 Cars 376 m² 376 m²

Listed: yesterday

Overview

Situated in one of Kew's most sought-after pockets, this classic 1920s residence offers a unique blend of historical charm and exciting renovation potential on a generous 376sqm allotment. The home's ornate period details create an inviting ambiance that gently nods to its era, providing a superb foundation for modern updates while retaining timeless character.

The existing accommodation comprises three bedrooms, a central bathroom, and a functional kitchen, complemented by a formal living room and a separate dining area. These living spaces are thoughtfully arranged to foster comfortable family living and entertaining opportunities.

An appealing aspect of this home is its size and layout, which invites creativity in redesign to suit diverse lifestyles. Whether you envision a sympathetic restoration to honor the home's heritage or a contemporary transformation to suit modern tastes, the property's potential is substantial.

Families and renovators will appreciate the property's proximity to the Kew Recreation Centre, local walking trails, Victoria Park Oval, and the Kew Golf Club, offering a wholesome lifestyle with recreational amenities close at hand. Additionally, the neighborhood boasts renowned schools including Kew Primary School and Andale School, enhancing the appeal for families prioritizing education.

This opportunity is ideal for buyers wishing to secure a foothold in a highly regarded and well-connected Kew precinct. The home's location affords easy access to boutique shopping and vibrant street life, alongside well-established community facilities, making it a promising investment with significant value-add potential.

Local Market Insights

In Kew, Quiet Listings observed 20 new houses entering the market over the last 30 days, down from 36 during the previous 30-day period, with an average advertised asking price of $3,427,500. The property type mix of listed properties is predominantly Houses at 54%, followed by townhouses (18%), and apartments (18%). The most active agency for houses in the Kew area is currently Marshall White, representing 30% of new listings, followed by Jellis Craig with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.