2/619-621 Centre Road, Bentleigh East VIC 3165
2/619-621 Centre Road, Bentleigh East VIC 3165
Unit in a small Centre Road complex | apartment-style living with low upkeep | strong amenity corridor | suited to first-home buyers and investors
This unit sits within a modest multi-dwelling complex on Centre Road, which places it in a practical, convenience-first pocket of Bentleigh East. The configuration is compact and low-maintenance, which makes it a sensible entry point for first-home buyers or a straightforward addition for an investor seeking steady rental demand. The location does the heavy lifting here—shops, cafes, public transport, and everyday services are within easy reach, and the property benefits from being part of a corridor that has seen steady interest from buyers prioritising lifestyle ease over land size. For a downsizer or a professional wanting a lock-and-leave option, this unit offers a sensible balance of cost and convenience.
The value picture may be shaped by a few factors worth weighing. The position on Centre Road could bring some exposure to traffic noise, which might temper appeal for owner-occupiers who value quiet. The internal layout, natural light, and any outdoor space will likely influence how competitive the property feels against similar units in the area. The age and condition of the building may also matter, as older complexes can carry higher body corporate fees or less modern finishes. Buyers should consider how the unit compares on these points before forming a view on price.
|| Comparable Sales: a nearby 2-bedroom unit sold around $520,000, and a modern 1-bedroom apartment in the corridor traded near $490,000 | Property Price Band: $500,000–$600,000 | Value Drivers: condition and presentation, floor level and aspect, proximity to amenities
Detailed Independent Property Report prepared by PropCred Analyst team for 2/619-621 Centre Road, Bentleigh East VIC 3165
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Bentleigh East, near Bentleigh, Ormond and Hughesdale, is clearing stock faster than those suburbs: houses average 36–44 days on market and 137–499 sales annually. Rental demand is driving activity: unit rents jumped 20%, unit values are up 11.7%–20% to a wide $780,000–$1,140,000 range, and house rents rose 7.9%. House values span $1,482,395–$1,560,000, with 12-month growth of 1.85%–4.0% by source. Faster turnover than nearby suburbs, double-digit unit appreciation and sustained rent increases support further price pressure.
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PropCred Estimated Value
Comparable Sales: a nearby 2-bedroom unit sold around $520,000, and a modern 1-bedroom apartment in the corridor traded near $490,000 | Property Price Band: $500,000–$600,000 | Value Drivers: condition and presentation, floor level and aspect, proximity to amenities
Bedrooms
2
Bathroom
2
Parking
1
Land
398m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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