11/361 Heidelberg Road, Fairfield VIC 3078

11/361 Heidelberg Road, Fairfield VIC 3078
Courtyard 1-bed rarity | Park outlooks | Rear block privacy | Inner-urban liveability This unit’s competitive edge lies in its private landscaped courtyard and park views, features almost unheard of for a one-bedroom apartment in Fairfield. The rear position within a small block delivers genuine quiet, while the high ceilings and modern bathroom lift it well above standard investor stock. It suits a professional buyer or downsizer seeking a lock-and-leave home with outdoor space, not a pure rental play. The key risk is the building’s age and the absence of disclosed strata reports, which could reveal sinking fund issues or future levies. The 2013 purchase price being undisclosed and unit 4’s modest 4% growth over eight years suggest capital gains have been subdued in this block. Still, the courtyard and finish justify a premium over the $360kโ€“$491k comparables. Hold for lifestyle use; resale upside depends on broader Fairfield demand, not block-specific outperformance.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 11/361 Heidelberg Road, Fairfield VIC 3078
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Market Insight:

Fairfield is positioned as a character-filled suburb attracting families and professionals seeking culture and convenience. Demand is driven by this demographic, drawn to its established appeal. Recent market conditions show strong house price growth, though unit values have softened, indicating a divergent market. Future growth is underpinned by its enduring appeal and transport links, yet key risks include the volatility in the unit sector and sensitivity to broader market shifts.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

1290mยฒ

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