2/18 Wests Road, Maribyrnong VIC 3032

2/18 Wests Road, Maribyrnong VIC 3032
2-bed flat, 94m², dual car spaces, Maribyrnong zone | Stable rental yield, high tenant turnover, no heritage overlay | School catchment, no flood risk, balcony included This property presents a strong entry point for an investor or first-home buyer seeking a low-maintenance unit in a well-connected suburb. The 94m² land size is competitive for a flat, and the dual car spaces add rare practical value in this price bracket. Being zoned for Footscray North Primary School and Maribyrnong Secondary College supports family tenant demand, while the absence of heritage or flood overlays reduces compliance risk. The consistent rental yield of 5.3% at midpoint value aligns with stable local returns, making this a viable income-producing option. The frequent tenant turnover since 2021 signals potential management or condition issues that warrant inspection of building and pest reports. The price per square metre at around $4,415 sits below the suburb median for two-bedroom units, which may indicate pricing pressure or deferred maintenance. Buyers should verify the carport structure and balcony condition. The NBN FTTB connection is adequate but not a premium feature. For an owner-occupier, the lack of sales history limits equity comparison, but the rental history provides a clear income baseline for negotiation.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/18 Wests Road, Maribyrnong VIC 3032
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk ! 1
Income Risk 2
Execution Risk ! 1
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Market Insight

Maribyrnong presents a market in transition, with recent price softness across both houses and units indicating a period of correction. Demand is currently anchored by the rental sector, where yields remain relatively firm and rents have demonstrated resilience, suggesting sustained tenant appeal. This dynamic points to a suburb where investor activity may be a key demand driver, supported by ongoing rental need. Future growth will likely hinge on a broader market recovery, though risks include continued buyer caution and variability in sales activity.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

2

Land

94m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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