201/496-500 Brunswick Street, Fitzroy North VIC 3068
201/496-500 Brunswick Street, Fitzroy North VIC 3068
Two-bedroom two-bath secure apartment | city skyline outlook | stone kitchen and lift access | Brunswick Street lifestyle | established Aquila development
A rare configuration is offered in this two-bedroom, two-bathroom apartment, with secure parking, storage, and lift access not always found in Fitzroy North’s older apartment stock. The elevated position is designed to capture city skyline views while reducing direct street-level noise, and the stone kitchen, stainless appliances, and split-system climate control are specified for low-maintenance living. This property is best suited to professionals, downsizers, or investors who value the Brunswick Street lifestyle, Edinburgh Gardens, trams, and dining on their doorstep. Within the suburb, it sits as a modern, secure product rather than a period house, making it a practical city-fringe choice.
Value may be influenced by the lack of a verified school catchment, which can narrow the buyer pool for families. The Brunswick Street address might introduce some traffic activity despite the elevated positioning, and strata fees for lift and basement maintenance may weigh on holding costs. However, secure parking, storage, and skyline outlook are features that tend to hold demand in inner-urban apartments, and future changes to the mixed-use corridor could support price growth.
Detailed Independent Property Report prepared by PropCred Analyst team for 201/496-500 Brunswick Street, Fitzroy North VIC 3068
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Fitzroy North remains an inner-north prestige market, with a median house price of $1,800,000 and a 10.4% quarterly lift. Annual house growth is contested across sources, ranging from 1.6% to 14.1%, while units show a 6.2% quarterly rise but annual growth swings from -7.6% to +6.3%. Demand is led by higher-income 30-39 year olds, reflecting the suburb’s largest demographic cohort. Houses sell in 24-40 days, and rental yields sit at 2.6-2.9% for houses and 4.5-5.0% for units, with weekly rents around $850-875 and $650 respectively. Sales volume is thin at roughly 150 house transactions annually. The elevated median price and mixed annual returns signal affordability constraints, while the positive quarterly momentum suggests continued buyer competition.
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PropCred Estimated Value
Comparable Sales: 109/496-500 Brunswick Street sold at $608,000; 10/496 Brunswick Street sold at $645,000 | Property Price Band: $600,000–$700,000 | Value Drivers: city outlook, secure parking, interior specification
Bedrooms
2
Bathroom
1
Parking
1
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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