4/48 Wellington Road, Clayton VIC 3168

2-bed unit | Clayton | near Monash | strong rental demand | no overlays | sub-median price point This is a well-positioned 2-bedroom unit in a high-demand pocket of Clayton, where proximity to Monash University, the medical precinct, and transport underpins consistently strong tenant demand. The rear positioning in a boutique block offers a private courtyard and a layout that rents readily to professionals or students. For a buyer, the key strength is entry below the suburb’s median for similar units, which suggests relative affordability without sacrificing location fundamentals. It suits investors seeking a solid rental yield near 4.8% or first-home buyers wanting a low-maintenance foothold with growth potential. The absence of bushfire, flood, or heritage overlays removes common planning risks, and the freshly updated interiors reduce immediate capital outlay. However, the exact internal condition and body corporate fees require verification, as these directly affect net return. The property sits below the median, which may reflect an older fitout or smaller floor area compared to peers. For a buyer, the opportunity lies in securing a well-located unit at a discount to the median, with scope for capital growth as the suburb’s demand drivers remain intact.