106/95 Rose Street, Essendon VIC 3040
106/95 Rose Street, Essendon VIC 3040
Modern two-bedroom apartment in central Essendon | dual bathroom layout with walk-in robe and ensuite | zoned for Essendon Primary and Buckley Park College | low-maintenance position suited to owner-occupiers or investors.
The buying case rests on a well-configured floorplan that pairs a main bedroom with walk-in robe and private ensuite, supported by a second bathroom and open-plan living with stone kitchen and Smeg appliances. Double-glazed windows and split-system heating and cooling add practical comfort, while the undercover balcony and secure foyer with fob entry reinforce a lock-and-leave lifestyle. Proximity to Essendon Station, tram routes, cafes and private schools makes this suitable for professionals or downsizers seeking convenience without a house-sized commitment. School catchment for Essendon Primary and Buckley Park College adds family appeal, though the property is equally viable for an investor given the rental yield near 4.9 percent.
The main constraint is the land use notation for the lot as non-residential, which requires verification from the strata title to confirm it does not affect financing or resale. Price guidance varies between sources, and confidence in fair value cannot be placed on the visible evidence alone. One unresolved question is whether the building’s 703-square-metre site carries any future redevelopment risk that could alter the apartment’s outlook or amenity.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 106/95 Rose Street, Essendon VIC 3040
Market Insight:
Essendon is an established, well-connected suburb appealing to those seeking proximity to the city. Demand is driven by its strong transport links and expanding local precincts, attracting both owner-occupiers and a significant rental population. Recent market conditions show divergent price signals, with house values experiencing pressure while the unit market demonstrates stronger rental demand and yields. Future growth is anchored by its enduring appeal and infrastructure, though affordability constraints and inconsistent capital growth present notable risks.