104/27 Groom Street, Clifton Hill VIC 3068

104/27 Groom Street, Clifton Hill VIC 3068
First-floor boutique apartment | Designer industrial character | Two-bedroom, two-bathroom configuration | Private position in small building This unit presents a competitively strong configuration for its suburb, with two bathrooms enhancing its appeal to both professional sharers and small investors. Its described designer finish and industrial character within a boutique building create a specific, rare profile in the broader apartment market, serving a buyer seeking a point of difference over standard stock. The private first-floor position balances accessibility with a degree of separation from street-level activity. The primary decision risk is the lack of data on building health, strata costs, and recent comparable sales, which obscures true operational costs and capital growth validation. The land size figure is clearly a building total, offering no individual land component benefit. Proceed only with a stringent review of strata records and a valuation against current, verified two-bedroom sales in Clifton Hill. This property is best held as a long-term residence for its specific character or a secondary investment, not as a growth-focused acquisition.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Clifton Hill is a tightly held, family-dominated inner-city suburb where owner-occupiers drive demand for its period homes, supported by excellent transport and school catchments. The housing market demonstrates resilience with consistent sales activity, though recent price trends show volatility, reflecting broader interest rate sensitivity. Future growth is anchored by its prime location, but high entry prices and a softer unit market present clear affordability and supply-side constraints.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

1

Land

957mΒ²

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