1/84A Maribyrnong Road, Moonee Ponds VIC 3039

Rear block position | Boutique block of nine | Quiet rear aspect | Moonee Ponds convenience | Private low-density feel This unit occupies a rear position within a boutique nine-property block, a configuration that delivers uncommon quietness in a suburb prized for its walkability. The low-density setup appeals to buyers seeking privacy without sacrificing proximity to Moonee Ponds’ amenities. For an owner-occupier, the rear aspect reduces street noise and enhances security, while the single bathroom and one parking space keep the property accessible for first-home buyers or downsizers. The block’s small scale also tends to attract more stable owner-occupier profiles, supporting long-term value. The main risk is the dated condition likely given the 2002 purchase price, which may require updating to achieve top market returns. However, the recent EOI range for a comparable unit in the same block signals strong capital growth from that entry point. A buyer should budget for cosmetic renovation to lift rental yield or resale appeal. This property suits a patient owner-occupier or investor seeking steady appreciation in a tightly held boutique block.