401/85 Hutton Street, Thornbury VIC 3071
401/85 Hutton Street, Thornbury VIC 3071
This is a top-level two-bedroom one-bathroom apartment at 401/85 Hutton Street Thornbury spanning 67 square metres with one parking space and sweeping city views from level four of a modern building within Darebin council.
As a top-floor apartment with city views this property sits at a clear premium within Thornburys mix of older homes and ground-level units. The view and elevation are genuinely rare in this price range the modern finishes and connected inner-north location add real draw. It best suits professionals or downsizers who value outlook and convenience over space the compact 67 square metre floorplan is a deliberate trade-off for that elevated position and lower entry point. This unit positions itself as a distinctive product within the suburb.
The properties value may be tempered by its modest internal area compared to typical two-bedroom apartments which might limit appeal for families or share-house buyers. The parking space is described as possibly insecure and the lack of private outdoor space is a typical constraint for this property type. Buyers should weigh these factors alongside the building age and any future maintenance costs. The city view is the strongest value driver but its long-term retention depends on surrounding development which is worth verifying.
Detailed Independent Property Report prepared by PropCred Analyst team for 401/85 Hutton Street, Thornbury VIC 3071
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
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Market Insight
Thornbury is a well-established suburb attracting young professional families, evidenced by its dominant demographic and high owner-occupier rate. Demand is driven by this demographic seeking family homes, supported by robust sales activity. The market shows a clear divergence: house prices have experienced moderate growth while the unit market presents a more varied performance. Future stability is underpinned by strong ongoing buyer interest, though the differing trajectories between property types indicate a market sensitive to affordability and product.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
772m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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