307/669 Centre Road, Bentleigh East VIC 3165

307/669 Centre Road, Bentleigh East VIC 3165
2-bed apartment | McKinnon Secondary zone | boutique low-rise | Centre Road strip | investor and downsizer appeal The apartment is positioned in a boutique complex on Centre Road, where a practical edge over older unit stock is gained through modern finishes and secure amenities. The two-bedroom layout is considered efficient, with stone-topped kitchen, stainless appliances, private balcony, parking and storage cage. McKinnon Secondary College zoning is treated as the primary demand driver, making this an attainable entry into that catchment without buying a house. The likely buyer is expected to be a first-home buyer, downsizer or investor wanting convenience and low-maintenance living. Strong rental interest is observed for similar configurations. Value may be influenced by the flat growth pattern across units here, where some resales have matched earlier prices after several years. A premium might be commanded by upper-floor north-facing units over lower-level layouts, so floor level and aspect are considered material. Resale performance may also be affected by body corporate fees and common area condition.
Detailed Independent Property Report prepared  by PropCred Analyst team for 307/669 Centre Road, Bentleigh East VIC 3165
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ✕ 2
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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: 204/669 Centre Road near $520k; 102/669 Centre Road near $630k | Listed Price Band: $500K-$600K | Value Indicator: floor level, orientation, kitchen and balcony condition

Bedrooms

2

Bathroom

1

Parking

1

Land

965m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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