102/49 Davison Street, Richmond VIC 3121
102/49 Davison Street, Richmond VIC 3121
Rare 3-bed apartment | dual car parking | boutique low-density | owner-occupier location
This three-bedroom apartment’s configuration with two car spaces is a notably rare offering in Richmond’s premium apartment market. Its placement within a boutique low-density complex of only twelve residences amplifies its appeal for discerning owner-occupiers who prioritise space and parking over standard investor-grade stock. The inner-city location provides strong demand fundamentals from professionals and couples, reinforcing its suitability as a primary residence.
Before proceeding, owners corporation fees and exact internal dimensions require verification as they directly impact holding costs and comparative value. The dual car spaces represent a significant bargaining advantage in this price bracket, where such features are scarce. For the buyer, holding this property as a long-term residence ensures capitalising on its unique configuration and low-density character within a sought-after suburb.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 102/49 Davison Street, Richmond VIC 3121
Market Insight:
Richmond is a suburb undergoing significant urban renewal, attracting a young professional demographic with its high-density living and major infrastructure projects. Demand is driven by childless couples and professionals, creating a robust market where units are transacting faster than houses. Recent price trends show stability in houses but stronger momentum in the unit sector. Future growth is anchored by substantial public transport upgrades and precinct revitalisations, though the market’s sensitivity to mortgage costs remains a consideration given the high proportion of indebted owners.