803/20 Shamrock Street, Abbotsford VIC 3067
803/20 Shamrock Street, Abbotsford VIC 3067
2-bed apartment with parking | Rents strongly at $600/week | Last sold April 2023 | Catchment for Yarra Primary and Richmond High
This apartment is competitively positioned as a standard two-bedroom unit with a secure car space, which is a practical advantage in inner Abbotsford. Its active rental market is evidenced by the current $600 per week listing, supported by a recent sale in April 2023 that signals transaction liquidity. The property is most suited to first-home buyers or downsizers seeking a straightforward, low-maintenance inner-city home with good school catchment access.
The recorded sale history shows inconsistency, with one source indicating a 2023 transaction and another referencing 2014, which may affect the clarity of price growth trends. The building’s age and interior finishes are not verified, so the condition described as “beautifully presented” should be confirmed through inspection. The valuation range of $455,000โ$495,000 from one estimate may not reflect the full market context, and the absence of comparable sales data means price formation relies heavily on current rental yield potential.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 803/20 Shamrock Street, Abbotsford VIC 3067
Market Insight:
Abbotsfordโs inner-city positioning offers strong connectivity and a diverse property market. Demand is underpinned by high unit sales volume, appealing to investors and those seeking entry into the locale. Recent price trends show stable to moderate growth for houses and units, though market conditions indicate tightening supply with fewer new listings and extended selling periods for houses. Future growth is supported by its established proximity to the city, yet key constraints include declining house sales volume and a slower market tempo.