4/673 Park Street, Brunswick VIC 3056

Low owner turnover | boutique block of seven | balcony with elevated views | 79% clearance zone | school catchment edge This property offers a rare configuration edge in Brunswick: a two-bedroom flat on a 508m² lot within a seven-unit block, where only 45% are owner-occupied. The low turnover signals a stable, non-investor-dominated building, and the balcony with elevated views adds a scarcity factor in this price tier. It serves best a buyer seeking a long-term hold in a high-demand suburb with strong school catchment proximity,Princes Hill Primary and Secondary College within 0.6 km,and a 4.9% yield that supports rental carry if needed. The key risk is the 1976 last sale, meaning no recent price discovery; the valuation range of $560,000–$730,000 is wide, and the building’s 55% rental mix may limit capital growth relative to owner-occupied-heavy blocks. However, the auction clearance rate of 79% in Brunswick and the comparable sale of 1/673 at $610,000 in June 2025 provide a credible floor. The absence of bushfire, flood, or heritage overlays removes costly remediation risk. Hold this property for its location and low-density block character, not for short-term flipping.