403/75 Argyle Street, Fitzroy VIC 3065
403/75 Argyle Street, Fitzroy VIC 3065
Premium 2021 build | Level 4 apartment | Fitzroy House | High-end finishes | Owner-occupier market
This unit sits within a 2021 boutique building that stands apart from much of Fitzroy’s older apartment stock. The finish package is genuinely premium—oak flooring, marble surfaces, Gaggenau appliances—and the building itself is small at just 33 residences, which tends to appeal to buyers who want privacy and quality over scale. It is best suited to downsizers or professionals who value the Brunswick Street lifestyle, walkability to the CBD, and a property that feels more like a designed home than a standard inner-city unit. The low turnover and longer holding periods among owners suggest this is a stable, well-regarded building rather than one with speculative churn.
The value of this apartment may be shaped by its exact aspect and outlook, which are not always obvious from floor plans alone. A fourth-floor position in a seven-storey building likely offers reasonable light and views, but the quality of that outlook could meaningfully influence how it compares to other units in the same building. Parking configuration and storage also matter here—units in this development have ranged from one to two car spaces, and that difference can shift perceived value noticeably. Buyers should weigh whether the internal layout and terrace space justify the premium over older Fitzroy stock, and how much the building’s contemporary finishes will hold their appeal over time.
|| Comparable Sales: 203/75 Argyle Street sold $1.52M; 101/75 Argyle Street sold $1.55M | Property Price Band: $1.4M–$1.5M | Value Drivers: floor level, aspect, parking allocation, finish quality
Detailed Independent Property Report prepared by PropCred Analyst team for 403/75 Argyle Street, Fitzroy VIC 3065
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
!
1
Income Risk
✓
Execution Risk
!
1
Market Insight
Fitzroy in inner Melbourne remains a lifestyle-led market anchored by CBD proximity, trams, and cultural appeal. Young professionals aged 20-39 dominate, with 77.4% singles and 60.7% renters, while investors target above-average yields. House prices fell sharply to $1.5m–1.6m, down 8.6–13.6% annually, with stock moving in 33–46 days. Units held firmer at $773k–777k, showing growth between -2.2% and +4.0%. Gross yields are 3.1% for houses and 4.4–4.7% for units. Demand is supported by strong transport links, respected schools, and a vibrant rental market, but high entry prices and interest-rate sensitivity pose constraints.
PropCred Estimated Value
Comparable Sales: 203/75 Argyle Street sold $1.52M; 101/75 Argyle Street sold $1.55M | Property Price Band: $1.4M–$1.5M | Value Drivers: floor level, aspect, parking allocation, finish quality
Bedrooms
3
Bathroom
2
Parking
2
Land
145m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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