302/330 Lygon Street, Brunswick East VIC 3057
302/330 Lygon Street, Brunswick East VIC 3057
1 bed, 1 car, 59mยฒ | established building, strong owner-occupier mix | flood overlay flagged | yield potential near 7%
This unit sits in a well-run 2010 building with a 65% owner-occupier ratio, which typically means better common-area care and more stable quarterly levies. The floorplan is generous for a one-bedder at 59mยฒ, and the single car space adds genuine separation from smaller investor-grade stock in the area. For a buyer seeking a low-maintenance home or a solid rental hold in an inner-north pocket with good school catchment and transport, the configuration and building profile offer a defensible entry point.
The flood overlay is the primary riskโit can lift insurance premiums and may narrow lender appetite, so a conveyancer should confirm the exact zone and any past building-level mitigation. The 2015 purchase price of $330k suggests modest long-term capital growth, and the comparable sale at $390k in the same building supports the current guide. The rental estimate of $525 per week implies a gross yield that works for an investor, but an owner-occupier should treat this as a functional, not aspirational, home. Hold for steady rental income or as a sensible first step into the suburb.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 302/330 Lygon Street, Brunswick East VIC 3057
Market Insight:
Brunswick East presents a compelling, high-density urban market dominated by units, attracting a professional demographic. Demand is currently stronger for the more affordable unit segment, evidenced by faster sales. Recent price growth has been modest, though significant local infrastructure investment, including a major mixed-use redevelopment, is poised to enhance future appeal and underpin capital growth.