401/288 Albert Street, Brunswick VIC 3056

401/288 Albert Street, Brunswick VIC 3056
corner apartment | northern light | parking included | heritage overlay noted | strong rental yield potential The property’s corner position on the fourth floor is its primary competitive advantage, capturing northern light and elevated views that are uncommon in this price tier. The inclusion of a car space in a building with strong transport access and proximity to Sydney Road adds practical scarcity. This unit is best suited to an investor seeking a gross yield near 7% or a first-time buyer wanting a lock-and-leave position with good amenity. The heritage overlay imposes constraints on any future external alterations, which matters if you intend to renovate or extend. The building’s internal resale market shows consistency around the low $400k range, so capital growth will depend more on location and rental demand than on property-specific upgrades. With Fibre to the Premises installed and 5G coverage confirmed, the unit holds an edge for remote workers. Hold for steady rental income or occupy as a well-connected inner-city base.
Detailed Independent Property Report prepared  by PropCred Analyst team for 401/288 Albert Street, Brunswick VIC 3056
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk ! 1
Income Risk
Execution Risk ! 1
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Market Insight

Brunswick presents a stable, well-connected urban market where demand is bifurcated. Young professionals and investors drive strong interest in units, attracted by solid rental yields and proximity to the CBD, while families compete for a limited supply of houses, supporting steady sales volumes. Recent price trends show houses in a period of stability, whereas the unit segment has demonstrated more dynamic movement. Future growth remains anchored to its transport links and enduring rental appeal, though high entry prices for houses present a persistent affordability constraint.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

1.06 acres

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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