107/294 Keilor Road, Essendon North VIC 3041
107/294 Keilor Road, Essendon North VIC 3041
Modern 2-bedroom apartment | Built around 2020 | Secure parking and lift access | Strong rental demand on Keilor Road
This property is competitively positioned as a newer, low-maintenance apartment in an established inner-north corridor. Its configuration of two bedrooms, one bathroom, and one car space is the most sought-after format for investors and first-home buyers seeking balanced amenity and affordability. The building’s modern construction around 2020 ensures compliance with current energy and building standards, while features like secure underground parking, elevator access, and split-system heating and cooling elevate it above older unit stock in the suburb. This unit best serves buyers who prioritise transport access, low upkeep, and consistent rental demand, as the location along Keilor Road supports steady interest from professionals and downsizers alike.
Several factors may materially affect the property’s value. Being on a major road corridor might introduce traffic noise, which could temper price growth compared to quieter side-street alternatives. The exact floor level and aspect remain unconfirmed, meaning light and outlook may vary significantly between units in the same building. The apartment market in this area is relatively price-compressed, with many comparable units clustered in a similar range, limiting scarcity. Buyers should weigh these elements against the property’s modern build and strong rental indicators when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 107/294 Keilor Road, Essendon North VIC 3041
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Essendon North is a well-located, established suburb attracting a professional demographic seeking proximity to the city and local amenities. Demand is driven by this cohort, favouring its convenience and character. Recent market conditions show a divergence, with house prices softening while the unit segment demonstrates resilience. Future growth is anchored in its enduring appeal, though the market remains sensitive to broader economic conditions influencing buyer sentiment.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
2089m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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