112/2 Dalgety Street, Oakleigh VIC 3166

Suburb yield compression | split lot title risk | thin unit stock data | holding cost on 6yr old price point The property presents with a rental yield that is healthy for Oakleigh but the capital growth logic is less clear. The last sold price from 2020 still sits above current estimated value range, which implies a buyer taking on negative equity risk at purchase if the market drifts. The shared lot allocation on 2.37 acres means body corporate risk is live, not abstract. This unit works best as a hold for rental income only, not as a primary growth play—its appreciation ceiling is capped by land division and building age profile. What makes this unit competitively defensible is the secure parking with floorboards and balcony in a Monash school zone, which is rare for a flat under $550k. The 5G coverage is a minor add but FTTP is not confirmed, so remote workers or students face variable connectivity. It serves first-home buyers priced out of houses or investors chasing yield over capital gain. To move forward, request the body corporate records and confirm the exact lot size allocated to this unit—those two pieces will decide whether this is a sound hold or a slow bleed.