2/364 Mont Albert Road, Mont Albert VIC 3127
2/364 Mont Albert Road, Mont Albert VIC 3127
2-bedroom unit | quiet block | Surrey Hills Primary zone | auction 30 May
This unit’s competitive edge lies in its primary school catchment, a rare drawcard for a two-bedroom apartment in a quiet block. The separate toilet and gas cooking are practical features that reduce compromise for owner-occupiers or families downsizing. Light-filled living spaces and a low-maintenance 112m² block position it as a strong entry point for buyers seeking Mont Albert’s school access without a house price. The auction clearance rate of 83% in the area signals demand, and the median price of $686,000 suggests the $800,000–$880,000 range is aspirational but not unreasonable for a well-located unit.
Risk: the asking range sits above the estimated value of $766,000, meaning buyers must justify a premium for the school zone and quiet location. The 2001 sale history and rental use indicate limited renovation, so condition must be verified. Opportunity: if bought near the lower end of the range, the $555 weekly rental potential offers a 3.6% gross yield, viable for an investor. Hold this property for its school catchment advantage and low upkeep; it suits a patient buyer who values location over immediate capital gain.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/364 Mont Albert Road, Mont Albert VIC 3127
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
✕
2
Market Insight
Mont Albert leverages its proximity to heritage-protected streetscapes, offering residents a highly targeted lifestyle and infrastructure advantage. Established families and generational wealth holders are aggressively driving the housing demand here to secure a foothold in this specific postcode. Operating in a different league to the rest of the 2026 market, A-grade stock here is seeing fierce competition.
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
112m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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