107/75 Wellington Street, Collingwood VIC 3066
107/75 Wellington Street, Collingwood VIC 3066
2 bed 2 bath 1 car | Pace of Collingwood complex | Inner-city lifestyle stock | Strong rental demand signals | Modern high-rise build
This apartment sits within a contemporary, amenity-rich complex that stands apart from Collingwood’s older terrace and warehouse stock. Its two-bedroom, two-bathroom configuration with parking suits owner-occupiers seeking low-maintenance city-edge living, as well as investors chasing reliable inner-urban rental interest. The building’s multi-level design and modern finishes give it a consistent, quality presentation that appeals to young professionals and downsizers prioritising walkability to Smith and Gertrude Streets over land component. Its position in the suburb’s apartment market is competitive, offering a balanced entry point for those wanting established density without premium pricing.
Value may hinge on floor level, outlook, and internal size, given comparable units in the same complex have transacted across a wide spectrum. A lower-floor or lesser-aspect unit might attract softer demand, while a higher position with better light could justify a stronger result. Fitout quality and balcony usability may also influence buyer perception, as could the building’s ongoing appeal in a market where modern apartment convenience is increasingly favoured. Rental evidence from the complex suggests healthy income potential, which may support investor interest and underpin price resilience.
Detailed Independent Property Report prepared by PropCred Analyst team for 107/75 Wellington Street, Collingwood VIC 3066
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
Collingwood remains an inner-Melbourne market anchored by high-income professionals, with demand centred on lifestyle homes and low-maintenance units amid tight inventory. House prices show solid momentum: median $1.265m, up 8.3% over the past year, while units have plateaued at $615k (0.0% growth), though rental yields for units are a healthy 5.6%. Houses rent around $800 weekly. Sales volume is thin (55 houses annually), with houses taking a median 34 days to sell, consistent with a selective, supply-constrained market. Future growth hinges on limited land supply and continued lifestyle appeal, but balanced conditions mean buyers are negotiating carefully; new listings are down 5.1% year-on-year, reinforcing scarcity. Affordability and rate sensitivity remain key watchpoints.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 404/75 Wellington Street sold at $735,000; 104/75 Wellington Street sold at $478,000 | Property Price Band: $600,000–$700,000 | Value Drivers: floor position, outlook, internal layout and finish quality
Bedrooms
2
Bathroom
2
Parking
1
Land
1142m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!