102/83 Gamon Street, Yarraville VIC 3013

102/83 Gamon Street, Yarraville VIC 3013
1-bed apartment, secure parking | Yarraville village walkable | Off-market opportunity | Mixed building sale history This property offers a rare off-market entry into a strong inner-west suburb, with its single car space and compact layout appealing to first-home buyers or downsizers seeking a foothold in Yarravilleโ€™s sought-after village precinct. The buildingโ€™s mix of apartment sizes means smaller units like this often trade at a discount to the higher-priced two-bedroom sales, positioning it as a lower-cost entry point in a well-located complex. The primary risk is valuation uncertainty, given conflicting signals on market status and comparable sales ranging broadly from the high $500,000s to over $700,000 for larger units. For a buyer, this means relying on recent building transactionsโ€”particularly the $730,000 sale for unit 204โ€”to anchor your offer, while negotiating based on the unitโ€™s smaller floor plan and current off-market status. The opportunity lies in securing a property with strong rental demand and long-term capital growth potential in Yarraville, best held as a stable investment or a lifestyle home for a single occupant.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 102/83 Gamon Street, Yarraville VIC 3013
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Market Insight:

Yarraville is a sought-after inner-west suburb, attracting young professionals and small families seeking a vibrant lifestyle with city proximity. This demographic drives stable demand, reflected in a resilient house market, though high prices present an affordability constraint. Units offer a more accessible entry point with recent divergent price trends, indicating a nuanced market. Future growth is underpinned by its established appeal, yet the premium pricing and variable unit performance require careful consideration.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

1025mยฒ

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