1006/72 Wests Road, Maribyrnong VIC 3032

1006/72 Wests Road, Maribyrnong VIC 3032
1BR with city views | sought-after Maribyrnong locale | high rental yield | new appliances & balcony This unit presents a compelling proposition for an investor seeking stable yield in a convenient urban location. Its competitive strength lies in the combination of a generous city-view balcony, brand-new kitchen, and a walkable position to trams and Highpoint, which directly supports strong rental demand and tenant appeal. The property is best suited to a yield-focused buyer, as the estimated 6%+ return significantly outpaces broader market averages for such a well-located apartment. The primary risk is valuation ambiguity, with estimates ranging widely from $360,000 to $485,000; this discrepancy costs a buyer certainty and complicates financing. The decade-old prior sale price offers little current guidance. Proceed only with a precise, contemporary valuation to anchor your offer. Given the high yield and renovated condition, this unit should be acquired at the lower end of the asking range and held as a long-term rental.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Maribyrnong presents a market in transition, with recent price softness across both houses and units indicating a period of correction. Demand is currently anchored by the rental sector, where yields remain relatively firm and rents have demonstrated resilience, suggesting sustained tenant appeal. This dynamic points to a suburb where investor activity may be a key demand driver, supported by ongoing rental need. Future growth will likely hinge on a broader market recovery, though risks include continued buyer caution and variability in sales activity.

PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

2.18 acres

Built

Recent Assessments