1806/8 Sutherland Street, Melbourne VIC 3000
1806/8 Sutherland Street, Melbourne VIC 3000
3-bedroom inner-city apartment | flood overlay detected | 79m² with no parking | strong rental yield at $790pw | 89% of nearby population aged 20-39
This property is competitively positioned as a rare three-bedroom floorplan in a high-demand inner-city precinct where the demographic is overwhelmingly young professionals and renters. The 79m² internal area with built-in robes and gym access offers a configuration that suits sharers or small households, and the estimated $790pw rental return suggests strong income potential in a suburb where 78% of residents are recent movers. It serves best an investor targeting yield over capital growth, or an owner-occupier who prioritises location and space over parking and low risk.
The flood overlay is a material risk that may affect insurance costs and future resale appeal, and the absence of parking reduces buyer pool depth in a car-dependent city. The current list price sits above the property.com.au estimate range, and the previous sale at $787,000 indicates the market may not support further upside without renovation or repositioning. A buyer should treat this as a hold-for-income property, not a short-term flip, and negotiate firmly given the overlay and parking gap.
Detailed Independent Property Report prepared by PropCred Analyst team for 1806/8 Sutherland Street, Melbourne VIC 3000
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Melbourne’s core is defined by its unparalleled lifestyle proximity and tightening supply, attracting a broad buyer pool of owner-occupiers, downsizers, and investors. Sustained demand is driven by urban renewal, low vacancy rates, and robust sales activity, supporting solid price growth. Future prospects are underpinned by scarcity and gentrification, though affordability pressures and an easing of supply tightness present emerging headwinds for the market’s resilience.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
-
Land
88m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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