11/912 Glenferrie Road, Kew VIC 3101
11/912 Glenferrie Road, Kew VIC 3101
Ground-floor garden apartment | Private courtyard and terrace | Boutique Cotham Hill complex | 88sqm internal | Built 2000
The property holds a rare advantage in Kew’s apartment market: a ground-floor garden format with direct access to a walled courtyard and terrace, combined with two bedrooms that each open onto the outdoors. The internal finishes are genuinely above standard for this pocket—spotted gum floors, Caesarstone benches, and quality European appliances—making it a turn-key offering in a boutique, low-rise building. Its position within the Cotham Hill precinct places it close to village retail, cafés, trams, and well-regarded schools, which suits downsizers, professional couples, and school-focused households seeking low-maintenance living without sacrificing a leafy, private setting. The secure car space and storage cage add practical convenience, while the building’s modest scale and owner-occupier character reinforce its appeal as a permanent residence rather than an investment-only unit.
Value may be shaped by the unit’s exact orientation, as the listing does not specify aspect; similar apartments in the building have west-facing terraces, which could affect sunlight and outlook. The Glenferrie Road address might introduce some traffic noise, though the garden setting and internal layout appear to mitigate this. Buyer competition could be influenced by the limited turnover of well-presented two-bedroom apartments in this complex, with some units held for seven to thirteen years, suggesting a patient seller and steady demand from owner-occupiers.
Detailed Independent Property Report prepared by PropCred Analyst team for 11/912 Glenferrie Road, Kew VIC 3101
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 2 bed unit in building sold $770,000; 1 bed unit sold $520,000 | Property Price Band: $700K–$800K | Value Drivers: condition and finish quality, private courtyard and terrace, functional layout with semi-ensuite
Bedrooms
2
Bathroom
1
Parking
1
Land
3397m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!