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8/3 Studley Park Road, Kew$195,000
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8/3 Studley Park Road

Kew, VIC 3101, Australia
$195,000
1 bath 1 car

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About this property

This very spacious studio apartment located in a boutique, low-rise building is securely leased to Comfy Kew Apartments and provides a great investment opportunity. Fully furnished throughout, this beautifully appointed apartment features a full-length balcony overlooking the leafy surrounds and sleek kitchen with refrigerator, cooktop and ample storage. Other features include an airy ensuite bathroom, built-in wardrobe and desk with storage, split system air-conditioning/heating and one car space on title. Guests enjoy the convenience of daily housekeeping and complimentary wireless Internet. Conveniently located near Kew Junction with vibrant, cosmopolitan shopping and restaurants just a short walk away. The apartment is perfectly situated within close proximity to Studley and Yarra parklands and an easy CBD commute by car or tram. Currently leased for a 5-year term, providing excellent returns and increases. The property is currently achieving a rental return of $11,781.96 per annum, with 3% rental increases per annum. Don't miss this opportunity to own a secure and impeccably maintained investment in one of Melbourne's top performing suburbs. Contact Katie Di Natale to arrange a private inspection or for further information on (03) 9816 4722.

Property Details

Property Type
studio
Listing Type
For Sale
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$945/month
$473 /fortnight
Loan $156,000 at 6.10% over 30 years

Upfront costs

Deposit$39,000
Stamp duty$6,770
Conveyancing (est.)$2,000
Total upfront$47,770
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Kew

This studio in Kew, VIC 3101 sits within reach of public transport, local shops and nearby schools. It is listed 92% below the $2.35m median of 54 comparable studioswithin 5 km.

Schools near Kew

  • Carey Baptist Grammar Schoolcombined · Prep-12 · CoEd
  • Genazzano FCJ Collegecombined · Prep-12 · Girls
  • Methodist Ladies' Collegecombined · Prep-12 · Girls
  • Preshil, The Margaret Lyttle Memorial Schoolcombined · Prep-12 · CoEd
  • Preshil, The Margaret Lyttle Memorial School - Blackhall-Kalimna Preshil Senior Schoolcombined
  • Ruyton Girls' Schoolcombined · Prep-12 · Girls

What's nearby

  • Kew Junction/Studley Park Road (bus)40 m away
  • Kew Accident Repair Centre100 m away
  • Dorothy Rogers Reserve65 m away
  • Cresco Reserve70 m away
  • Fenton Reserve253 m away

Kew at a glance

Full suburb profile
Population
24,499
Median age
41
Household income
$2,497/wk
Median rent
$476/wk
Median mortgage
$3,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Kew price trend

Median sold · House 3 bed

Compound growth -2.5% / yr over 4 yrs

$1.68mcurrent median

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Price history

Listing price changes

1 price change recorded for this property

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