6/414 Glenferrie Road, Kooyong VIC 3144
6/414 Glenferrie Road, Kooyong VIC 3144
2-bed apartment | Kooyong prestige pocket | boutique low-rise stock | school catchment appeal | $900K–$990K band
This is a compact two-bedroom apartment in one of Melbourne’s more tightly held inner-east pockets, where low-rise boutique stock is the norm and larger apartment blocks are rare. Kooyong’s appeal rests on its quiet, leafy character, its proximity to elite private schools, and the convenience of Glenferrie Road’s tram and rail links. For a downsizer or professional couple wanting a secure, low-maintenance base without compromising on suburb prestige, this unit fits that brief neatly. The configuration is straightforward — two bedrooms, one bathroom — which suits a buyer prioritising location and simplicity over space. The price range suggests it sits in the upper-middle tier of the suburb’s apartment market, not the top end, but still competitive for what Kooyong offers.
What may materially shape the final price is the property’s condition and whether it includes parking or private outdoor space. In this corridor, apartments with a courtyard or secure car space tend to command a noticeable premium, while those without trade at a more modest level. The building’s age and internal finishes will also matter — a renovated interior with modern kitchen and bathroom could push the value upward, whereas original condition might limit upside. Buyers should weigh the potential for future refurbishment against the convenience of moving straight in. The school catchment, particularly for Auburn South Primary and Auburn High, adds a layer of demand from families, though the compact size may narrow that pool.
|| Comparable Sales: 1/467 Glenferrie Road sold around $995,000; 1/444 Glenferrie Road listed near $820,000–$900,000 | Property Price Band: $900K–$1.0M | Value Drivers: condition, parking availability, private outdoor space
Detailed Independent Property Report prepared by PropCred Analyst team for 6/414 Glenferrie Road, Kooyong VIC 3144
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Kooyong, 7km from Melbourne CBD, is a high-priced, low-supply market with a median house price of $4.2m and a median age of 44. Owner-occupiers drive demand: 48% own outright, 20% rent. House prices fell 1.1% annually, while units rose 17% with 100% auction clearance for units. Sales volume is minimal at four houses and six to seven units over the past year. Future growth relies on scarce supply and premium positioning, but high prices and a -47.74% 12-month house figure signal rate sensitivity and affordability limits.
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PropCred Estimated Value
Comparable Sales: 1/467 Glenferrie Road sold around $995,000; 1/444 Glenferrie Road listed near $820,000–$900,000 | Property Price Band: $900K–$1.0M | Value Drivers: condition, parking availability, private outdoor space
Bedrooms
2
Bathroom
1
Parking
-
Land
1904m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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