101/365 Cotham Road, Kew VIC 3101
101/365 Cotham Road, Kew VIC 3101
3 bed 2 bath 2 car | boutique low-rise | Deepdene Primary and Kew High | premium Kew apartment | family sized
This is a genuinely rare configuration for Kew’s apartment market. Most stock in the suburb skews toward one and two bedroom investor product, so a three bedroom, two bathroom apartment with two car spaces sits in a different category entirely. It competes more with premium townhouses and smaller houses than with typical flats, which gives it a natural scarcity advantage. The property sits within a boutique low-rise development on a substantial corner site, and the school zoning to Deepdene Primary and Kew High is a meaningful draw for families who want the convenience of apartment living without compromising on catchment quality. That combination of family friendly layout, parking, and schooling makes it most suited to downsizers trading out of a house or young families who want to stay in the area but prefer lower maintenance.
The price point places this property in a narrow segment of the market, and that may limit the pool of ready buyers compared to more conventional apartments. The lack of confirmed detail on aspect, floor level, and internal finishes means the property’s liveability and outlook could vary more than the floorplan suggests, so a physical inspection becomes important. The estimated rental return appears modest relative to the likely purchase price, which suggests the value here is driven more by owner occupier demand than by yield. The absence of heritage or flood overlays may offer some flexibility down the track, though the property’s appeal will ultimately hinge on how the finishes and presentation hold up against newer stock in the immediate area.
|| Comparable Sales: 201/365 Cotham Road penthouse sold via private negotiation; 105/369 Cotham Road luxury apartment with basement parking | Property Price Band: $1.7M–$1.9M | Value Drivers: three bed layout with dual parking, school catchment, boutique low-rise positioning
Detailed Independent Property Report prepared by PropCred Analyst team for 101/365 Cotham Road, Kew VIC 3101
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Kew remains a premium inner-east Melbourne market, with a median house price of $2.779 million and units at $935,000. House prices slipped 1.1% over the past year, while units rose 1.63%, reflecting softer demand at the top end. Houses sell in a median 33 days. Demand is driven by affluent families and professionals, drawn by school catchments and transport links; 41% of mortgaged owners and household incomes well above the Greater Melbourne average support serviceability. Gross rental yields are thin for houses at 2.05%, but units offer 3.55%. Future growth hinges on ongoing population pressure and infrastructure, with a forecast trajectory toward a $2.5 million median by 2026. Key risks include interest-rate sensitivity, affordability constraints, and supply-demand imbalances that could trigger pricing adjustments.
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PropCred Estimated Value
Comparable Sales: 201/365 Cotham Road penthouse sold via private negotiation; 105/369 Cotham Road luxury apartment with basement parking | Property Price Band: $1.7M–$1.9M | Value Drivers: three bed layout with dual parking, school catchment, boutique low-rise positioning
Bedrooms
3
Bathroom
2
Parking
2
Land
1259m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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