210/483 Glen Huntly Road, Elsternwick VIC 3185
210/483 Glen Huntly Road, Elsternwick VIC 3185
Two-bedroom apartment with private balcony | Secure lift entry and basement parking | Direct tram access to shops and station | Timber floors and Miele kitchen throughout
This apartment offers a strong buying case for owner-occupiers and investors focused on the inner southeast corridor. The floor-to-ceiling double-glazed windows and timber floors create a light-filled, quiet interior that outperforms many comparable units in the area. The Miele kitchen with marble benchtops and the ensuite in the main bedroom are features typically found in higher-priced properties, giving a buyer a configuration edge. Direct tram access at the doorstep and walking distance to Elsternwick station improve daily convenience and long-term desirability. The property best suits professionals or couples seeking a low-maintenance home with strong rental potential, as the estimated weekly rent of $635 supports a solid yield relative to the price range.
The primary risk is the apartment’s position within a multi-unit complex on a 959m² lot, which may limit future capital growth compared to standalone houses or smaller boutique blocks. The absence of heritage or flood overlays is neutral, but the Glen Eira council area has seen tightening planning controls that could affect future development or renovation flexibility. The opportunity lies in the property’s location on Glen Huntly Road, where ongoing retail and transport improvements may lift demand. For a buyer, this unit works best as a hold-and-rent strategy or a long-term home for someone who values connectivity over land content.
Detailed Independent Property Report prepared by PropCred Analyst team for 210/483 Glen Huntly Road, Elsternwick VIC 3185
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
This suburb presents a high-value, unit-dominant market with a professional demographic, underpinned by strong educational attainment and secular trends. Demand is driven by owner-occupiers and investors, attracted by the established profile and relative affordability within the unit segment. The market exhibits divergent trends, with houses demonstrating robust long-term growth while unit prices show recent resilience. Future performance will hinge on the balance between sustained professional demand and the inherent supply concentration within the unit market, which presents both opportunity and a key constraint on capital growth.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
959m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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