809/77 Queens Road, Melbourne VIC 3004

Two beds two baths with car space | Flood overlay present | Inner-city apartment corridor | Strong rental demand This apartment offers a rare configuration advantage in Melbourne’s inner-city market, where two bathrooms and a dedicated car space significantly strengthen buyer appeal and future resale positioning. The 67-square-metre floor plan is competitive among comparable stock, and the Queens Road location ensures consistent demand from professionals and downsizers seeking proximity to Albert Park, St Kilda Road, and CBD transport. The property is best suited to an owner-occupier or investor targeting low vacancy risk. The flood-related overlay is the primary risk, potentially increasing insurance costs and limiting some renovation options, though it has not historically suppressed values in this corridor. Strata levies in larger buildings can materially affect holding costs, so full review of the owners corporation financials is advised. Rental income in the $690–$730 per week range offers reasonable yield for the price point. This property should be held as a medium-term residential investment or primary residence, with capital growth tied to inner-Melbourne apartment demand rather than land appreciation.