10/995 Burke Road, Camberwell VIC 3124

Ground-floor rear unit | private west terrace | older character block | short-hold tenure skew | strong rental yield. This ground-floor unit is competitively positioned within its building, offering a rare combination of privacy, outdoor space, and a light-filled modern renovation atypical for its vintage. Its oversized layout and direct garden access from a west-facing terrace create a living quality that stands apart from standard one-bedroom stock. This property best serves an investor seeking strong cash flow or a buyer prioritizing liveability over capital growth, given the building’s demonstrated performance. The decision hinges on accepting the building’s clear value trajectory, where two-bedroom units have recorded flat to negative growth over five-to-seven-year holds. Your commercial logic is a high yield near 5.6%, offsetting weak appreciation. Treat this as an income-holding with a long horizon. Propcred provides the real market valuation and locality due diligence to secure this yield-focused position. Recent sales within the same building show a consistent pattern: – Unit 19 sold for $585,000, averaging 0.68% annual growth over 7 years. – Unit 23 sold for $540,000, averaging -0.27% annual growth over 7 years. – Unit 20 sold for $555,000, averaging -0.03% annual growth over 5 years. This data confirms minimal capital growth for two-bedroom units in this block, setting a tempered expectation for the subject one-bedroom property’s value trajectory.