10/68 Janefield Drive, Bundoora VIC 3083

Limited upside headroom | 175sqm footprint is unusual for a one-bed | unit block mix signals care | premium ends where comparable data thins The decision hinges on paying for square meters that dont return rent. At 175sqm this unit costs like a two-bed but rents like a one-bed, so the yield gap is real—expect $100-$150pw less than a true two-bed in the same complex. The opportunity is holding for floor-plan scarcity, not cash flow. If you are buying for capital growth over five years, the math works only if you treat this as a downsizer’s bolt-hole, not an investor’s ledger. What is competitively rare is the sheer space for a one-bedroom flat—most buyers overlook floor-plan arbitrage. The 175sqm with a balcony and floorboards positions it as a liveable alternative to a two-bed townhouse without paying the premium for a second room. This serves a professional nulling out of the rental cycle or a retired couple wanting low-maintenance room, not a yield-chaser. The comparable sales show the 9/68 at $400k in February 2025, so your entry point near $340k-$370k buys you discount of roughly 8-15% per square meter versus the last sale That means your positional risk is lower than the market’s current ask—use that to negotiate harder on condition reports