209/9 Morton Avenue, Carnegie VIC 3163

209/9 Morton Avenue, Carnegie VIC 3163
2-bed apartment | north-facing balcony | secure parking | walk to station and shops | priced for first-home buyer or investor This property offers a rare combination of a north-facing, sundrenched aspect and secure underground parking in a quiet second-floor setting. Its open-plan living and modern kitchen make it a practical choice for a first-home buyer or investor seeking low-maintenance living. The location near Carnegie station and Koornang Road retail gives it strong rental appeal, and the configuration aligns well with common demand in this suburb. It may serve best those prioritising walkability and transport access over land size or private outdoor space. The absence of heritage, flood, or bushfire overlays suggests straightforward ownership, but the lack of a private garden and reliance on common courtyard space may limit appeal for families. The unitโ€™s age is not stated, so potential buyers should weigh the condition of fixtures and strata fees when forming a view on price. The strong rental yield potential is a clear advantage, but the apartmentโ€™s value may be influenced by how it compares to newer stock in the area.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 209/9 Morton Avenue, Carnegie VIC 3163
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Market Insight:

Carnegie is a highly sought-after inner-south suburb, prized for its proximity to the city, vibrant local precinct, and excellent transport links. Demand is consistently strong, driven by buyers seeking established amenity and diverse housing options. While the house market shows modest recent growth, the unit segment has demonstrated notable strength. Future appeal is underpinned by its established infrastructure, though high price points relative to the broader Melbourne market present a key affordability constraint, particularly in the current interest rate environment.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

2614mยฒ

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