3013/80 Abeckett Street, Melbourne VIC 3000
3013/80 Abeckett Street, Melbourne VIC 3000
High floor | MY80 building | Queen Victoria Market precinct | Strong rental yield | Student and professional demand
This apartment presents a rare buying case for its price point: a high-floor position in the MY80 building that reduces street noise and likely offers city views, while being in the Queen Victoria Market precinct with strong rental demand from students and professionals. The configuration suits an investor or first buyer seeking a low-maintenance city base, as the 9% gross yield signals a property that can effectively service its own costs.
The primary risk is the 30th-floor exposure to wind and potential lift wait times in a large tower, but these are manageable for the target tenant profile. A buyer gains from the sub-$350k entry into a premium building with proven rentability. Hold for rental income or use as a lock-and-leave city foothold.
Detailed Independent Property Report prepared by PropCred Analyst team for 3013/80 Abeckett Street, Melbourne VIC 3000
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Market Insight:
Melbourne’s core is defined by its unparalleled lifestyle proximity and tightening supply, attracting a broad buyer pool of owner-occupiers, downsizers, and investors. Sustained demand is driven by urban renewal, low vacancy rates, and robust sales activity, supporting solid price growth. Future prospects are underpinned by scarcity and gentrification, though affordability pressures and an easing of supply tightness present emerging headwinds for the market’s resilience.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
-
Land
46m²
Assessments Delivered Today
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