4/1222 Dandenong Road Murrumbeena VIC 3163

Secure 2-bed unit | Murrumbeena Primary zone | Below-median price point | Potential 5.9% yield | Arterial road location This unit presents a competitively priced entry into a established school catchment, a key driver for both owner-occupiers and investors. Its listing price sits notably below the suburb’s median for two-bedroom units, offering immediate equity positioning. The configuration serves a budget-conscious buyer seeking yield, with rental estimates supporting a strong gross return, or a first homeowner prioritizing access to the proximate primary school over premium finishes. The primary cost is the property’s position on a major arterial road, incurring potential noise and affecting long-term capital appreciation relative to quieter streets. The implied older building age and strata structure necessitate a focused review of capital works plans and body corporate health. Proceed with an auction strategy anchored by a strict ceiling price, treating this as a hold property for cash flow or a stepping-stone residence. Our report validates this price bracket through recent sales, details locality-specific risks like traffic, and assesses strata documentation to quantify ongoing cost liabilities.