4/81 Edward Street

Best Offers By 27th April The home Set within a small group of just four, this is a property that makes sense the moment you step back and look at the bigger picture. Positioned in an undervalued pocket that's steadily gaining ground, it offers a straightforward, low-fuss foundation with clear scope to refine over time. Comfortable as it stands, yet open to improvement, this is the kind of opportunity investors and renovators recognise early. For investors and first home buyers alike, the appeal here is in what you can change, and what you can't. Cosmetic updates are the easy part. Position, price point, and long-term potential are not. Whether you're looking to step into the market without overextending or secure a property you can gradually improve, this is a smart, considered starting point. The bones are there, the layout works, and the opportunity lies in refining the details over time rather than paying for someone else's finished product. Why you'll love it: * 2 bedrooms * Open plan living/dining * Functional L shaped kitchen with gas cooking * Ceiling fans to both the living area and master bedroom * Bathroom with shower over bath * Internal laundry within bathroom * Carport at the rear * Small group of only 4 units The lifestyle: Located in a pocket of Daw Park that continues to fly just under the radar, the appeal here goes well beyond the front door. Just minutes from the CBD, with easy access to public transport, Flinders University and Medical Centre, and a short drive to the coastline, this is a suburb that quietly balances convenience with long-term liveability. Well-regarded local schools, leafy reserves, and everyday amenities are all within easy reach, making it equally appealing to tenants, first-home buyers, and those looking to settle in for the long term. Surrounded by established homes and ongoing renewal, it's the kind of area buyers move into before everyone else catches on, where the fundamentals are already in place, and the upside comes with time. The facts: Title Details | CT 5045/345 Council | City of Mitcham Council rates | $1,474.75 pa Water rates | $176.30 p/qtr ESL | $153.95 pa Strata | Strata Plan 4001 Whittles $581p qtr Tenancy Details | Rented for $330pw until 26th June 2026 Before you fall in love We've gathered the details from sources we trust and we've triple-checked, but please bring your own tape measure and do your own homework. Distances are from Google Maps in a straight line. Travel times vary. School zoning can change and should be confirmed direct. Inclusions and exclusions are set out in the Contract of Sale. Floorplan areas are approximate. Neither the vendor nor the agent accepts liability for errors or omissions.