314/77 River Street, South Yarra VIC 3141

Standard unit | dated building | rental demand flat | competition on site | price risk to downside The asking range sits above where comparable units have transacted and where rents justify valuation. Without recent rental growth to support yield, and with multiple units in the same complex competing for buyers, the buyer faces price exposure on re-sale. The property works as a low-conviction hold for a long-term owner-occupier who values location over capital growth, but not as a short-term investment. The compact floorplan and single car space suit a professional couple or student seeking proximity to transport and retail. Building age and construction quality are unremarkable, and the absence of heritage or flood risk is neutral. The strongest buying argument is the suburb context and the unit’s relative affordability in a tight market. Given the data, you should benchmark any offer against the 18/77 comparables and set a hard ceiling at the lower end of the listing bracket.