201/108 Glen Iris Road, Glen Iris VIC 3146

Rear block position | quiet orientation | dual bathrooms | walkable Glen Iris amenity This apartment’s rear positioning within the complex is its primary competitive advantage, delivering a quieter living environment that typically commands a premium over front-facing units in the same building. The dual bathrooms and separate ensuite to the master bedroom provide genuine functional separation, making this property suitable for professional couples or downsizers who value privacy over square footage. The open plan living and private balcony extend the usable internal space without increasing the footprint, which supports stronger rental demand and resale appeal in this segment. The primary risk is the building’s mixed typology — townhouses, house, and 33 apartments — which can create inconsistent owner-occupier ratios and variable common area maintenance standards. Buyers should verify the sinking fund balance and recent special levies, as older complexes in Glen Iris occasionally carry deferred capital works. The recent sale at $480,000 signals a pricing floor, but the current estimated value of $645,000 requires confirmation via recent comparable sales in the same block. This property is best held as a long-term owner-occupied home or a stable rental investment, not a short-term flip.