103/15 Union Street, Brunswick VIC 3056
103/15 Union Street, Brunswick VIC 3056
Near-new one-bedroom | Brunswick connected location | clever split-plan layout | strata lot with shared land value.
This unit’s strongest buying case is its near-new condition combined with a cleverly designed long entrance hall that separates zones,rare in one-bedroom apartments, giving it a small-house feel rather than a studio box. The open-plan living and generous proportions lift it above typical entry-level stock, making it suitable for a professional owner-occupier seeking genuine space or an investor targeting tenants who prioritise layout over square metres. Its Brunswick address offers strong rental demand and capital growth potential from inner-north infrastructure and amenity.
The primary risk is the shared strata lot of 446m², meaning land value appreciation is diluted across multiple owners, limiting long-term capital gains compared to a house or townhouse. The recent sale at $490,000 and current estimates around $510,000–$522,000 suggest limited short-term upside unless Brunswick’s market accelerates. Opportunity lies in holding for rental income,likely $480–$520 per week,while the property ages into a tighter resale position. FTTP or NBN connectivity adds a small edge for remote workers. Hold for stable yield and moderate capital growth; avoid flipping.
Detailed Independent Property Report prepared by PropCred Analyst team for 103/15 Union Street, Brunswick VIC 3056
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Brunswick presents a stable, well-connected urban market where demand is bifurcated. Young professionals and investors drive strong interest in units, attracted by solid rental yields and proximity to the CBD, while families compete for a limited supply of houses, supporting steady sales volumes. Recent price trends show houses in a period of stability, whereas the unit segment has demonstrated more dynamic movement. Future growth remains anchored to its transport links and enduring rental appeal, though high entry prices for houses present a persistent affordability constraint.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
-
Land
446m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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