106/86 Epping Road Epping VIC 3076

Oversized balcony rare for area | Study adds work-from-home edge | 75% owner-occupied building | Strong rental yield at 5% | Positioned near schools and shops The oversized balcony is the primary competitive advantage here, offering outdoor space that most apartments in this price range lack. Combined with a separate study, this unit suits a buyer seeking work-from-home flexibility without sacrificing living area. The building’s 75% owner-occupier ratio signals stable tenancy and lower turnover risk, which supports long-term holding. For an investor, the 5% rental yield is above suburb average, and the property’s proximity to Epping Views Primary School adds tenant appeal. The partially updated interior and inclusion of a dishwasher reduce immediate capital outlay, making this a turnkey proposition for a first-home buyer or investor. The main risk is the suburb’s low 0.8% growth and zero auction clearance rate, which may limit short-term capital appreciation. Buyers should not expect rapid equity gains. The 25% rental component introduces some variability in building management, though not critical. The opportunity lies in buying below the $339k estimated value—if achievable, the yield and low outgoings create a cash-flow neutral hold. This property is best used as a long-term rental or a cost-effective owner-occupied base, not a flip.