14/1 Grosvenor Street, Doncaster VIC 3108
14/1 Grosvenor Street, Doncaster VIC 3108
2 bed, 1 bath, 1 car | Built 2016 | Pool in complex | Doncaster Primary & Secondary catchment | Mid-market apartment
This unit sits in a modern, low-maintenance apartment building completed in 2016, which places it at the newer end of Doncaster’s apartment stock. The two-bedroom, one-bathroom layout with a single car space is a practical configuration that appeals strongly to downsizers seeking convenience without excess space, and to investors looking for steady rental demand near Westfield Doncaster and the Eastern Freeway. The complex’s swimming pool adds a genuine lifestyle feature that distinguishes it from older walk-up blocks in the area, and the established owner-occupier tenure within the building suggests a stable, well-kept environment. For a buyer wanting a lock-and-leave property with good school catchment and solid amenity proximity, this unit offers a straightforward, sensible fit.
The value of this unit will be shaped most by its internal condition and exact position within the building, as finishes and outlook can vary noticeably between apartments in the same complex. The single bathroom may limit appeal for some owner-occupiers, though it keeps the layout efficient and the price point accessible. The 2016 build means modern construction standards, but the absence of a balcony or courtyard—if that is the case for this specific unit—could temper its desirability compared to ground-floor or corner apartments. Buyers should weigh the convenience of the location against the reality of shared-wall living and typical apartment strata fees when forming their view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 14/1 Grosvenor Street, Doncaster VIC 3108
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Doncaster’s established eastern-suburbs positioning, strong road connectivity, and efficient selling times of about 50 days on market underscore its appeal. Demand is split between owner-occupiers—supporting a $1.55 million median house price with 4.6–5.4% annual growth—and investors targeting units at a $640,000 median, where gross yields near 4.9% versus 2.7% for houses. Sales volume is steady near 300 houses and 300 units a year, and rental demand is healthy: house rents rose 4.6% and units 3.4% per annum. Connectivity and balanced buyer activity are the growth levers, but affordability is the constraint: house prices are well above the Greater Melbourne average, and quarterly price falls of 4% for houses and 2.6% for units show rate sensitivity. Still, annual appreciation and consistent transaction volumes point to a resilient market.
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PropCred Estimated Value
Comparable Sales: 402/1 Grosvenor Street sold March 2025 for $499,000; b208/1 Grosvenor Street recorded at $350,000 | Property Price Band: $450,000–$550,000 | Value Drivers: modern build age, pool amenity, school catchment, layout efficiency
Bedrooms
2
Bathroom
1
Parking
1
Land
1.36 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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