9/33 Woolton Avenue, Thornbury VIC 3071

1-bed, 1-bath Thornbury flat | near-new kitchen | modern ensuite | 5% yield potential | strong owner-occupier building This unit sits inside a well-maintained, predominantly owner-occupied building of 19 properties,a rare configuration for a one-bedroom flat in Thornbury. The near-new kitchen and modern ensuite with laundry remove the two most common renovation burdens for a buyer, meaning the property is move-in ready with no immediate capital calls. The open-plan layout and built-in robe give it a genuine one-bedroom footprint, not a studio compromise. With a 5% estimated rental yield and suburb growth of 13.2%, the property suits both an investor seeking reliable cash flow and an owner-occupier wanting a low-maintenance foothold in a connected suburb. The 64% auction clearance rate in the area suggests a balanced market, not a runaway one, which favours a disciplined buyer. The primary risk is the single open car space,no garage, no undercover parking,which may narrow appeal for some owner-occupiers but is standard for this price point in Thornbury. The lot is 1042m², so the unit sits within a larger block, meaning no land control and body corporate fees apply; buyers should verify the sinking fund balance. The property last transacted at $420,000 in 2020, and the current guide sits just below that level, offering a potential entry at or under the prior sale price in a market that has grown since. NBN and 5G coverage are present but not decisive. Hold this unit for steady rental income or as a low-risk entry into Thornbury; it is not a renovation play but a buy-and-hold performer.