306/12 High Street, Glen Iris VIC 3146
306/12 High Street, Glen Iris VIC 3146
This is a two-bedroom, two-bathroom apartment spanning 68 square metres with one car space, an elevated park-facing aspect, and abundant northern light. Contemporary finishes include timber flooring and fully tiled bathrooms. It sits within a residential zoning on a shared 858-square-metre parcel in Boroondara Council, with no overlays and strong NBN and 5G connectivity.
The park-facing elevation and northern light are genuinely rare in Glen Iris, giving this apartment a tranquillity and brightness that most units in the suburb lack. The two full bathrooms, including an ensuite, are above average for a two-bedroom apartment and add practical appeal for downsizers or professionals who value guest-friendly layouts. At 68 square metres, the floorplan is compact but efficient, and the property suits buyers seeking a lock-and-leave lifestyle with immediate access to cafes and parkland. Its positioning within the suburb is strong for those prioritising lifestyle over space, and the rental demand for similar units suggests it holds appeal for investors as well.
The 68-square-metre floorplan may feel tight for families or those accustomed to larger apartments, and the absence of a garage-only a designated parking space-could be a constraint for buyers with multiple vehicles or needing secure storage. The building’s age, inferred from a 2012 sale, may bring older fixtures or strata levies that require attention, though no specific maintenance issues are flagged. These factors might influence how the property is valued relative to newer stock, but they do not undermine its core strengths for the right buyer.
Detailed Independent Property Report prepared by PropCred Analyst team for 306/12 High Street, Glen Iris VIC 3146
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Glen Iris is a well-established, high-ownership suburb in Melbourne’s inner east, prized for its family-friendly environment, spacious homes, and excellent schools. Demand is consistently driven by established families and professionals seeking quality lifestyle and connectivity. The housing market demonstrates solid, albeit varied, growth, while the unit sector presents a more nuanced picture with stronger rental yields. Future prospects are underpinned by enduring appeal and transport links, though high price points and sensitivity to broader economic conditions remain key considerations.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
858m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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