3/6 Anthony Street, Melbourne VIC 3000
3/6 Anthony Street, Melbourne VIC 3000
Boutique warehouse conversion | Corner apartment with abundant light | Full designer renovation | Rare open car space included
This property occupies a competitively strong position in Melbourne’s inner‑city apartment market. The boutique warehouse conversion, with only 15 residences, limits supply and attracts buyers seeking character over generic high‑rise stock. The corner configuration delivers natural light from multiple aspects, a scarce feature in this segment, and the full renovation with premium finishes—Quantum Quartz benchtops, Bosch appliances, and porcelain tiling—removes immediate capital outlay for an owner‑occupier. The inclusion of an open car space, uncommon in this location, adds tangible utility and resale appeal. This unit best suits a professional or investor prioritising low‑maintenance, light‑filled living within walking distance to Queen Victoria Market and the CBD.
The primary risk is the discrepancy in reported building size—86m² versus 53m²—which may affect valuation or future financing if not clarified. The recent February 2026 sale at $785,000 after 26 days on market indicates strong demand, but the current asking range of $820,000–$870,000 represents a premium of 4–11% above that recent transaction. For a buyer, this means negotiating from a position informed by the prior sale. The rental estimate of $775–$800 per week supports a gross yield near 5%, reasonable for the location. Hold this property as a long‑term owner‑occupied residence or a stable rental yielding inner‑city exposure with low vacancy risk.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/6 Anthony Street, Melbourne VIC 3000
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
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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
2
Bathroom
1
Parking
1
Land
532m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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