413/9 Foundation Boulevard, Burwood East VIC 3151

Modern 2-bedroom apartment | Premium Brickworks precinct | Mid-to-upper floor | Private dual balconies | Zoned for Mount Waverley Secondary College This unit presents a competitively strong, low-maintenance lifestyle proposition within a master-planned community. Its dual bathrooms, dual balconies, and high-end finishes are rare for a two-bedroom configuration, offering a premium product typically attracting owner-occupiers and long-term investors seeking modern convenience. The position ensures immediate access to transport and amenities, best serving buyers prioritizing walkability and a turnkey solution over land component. The primary risk is constrained capital growth, evidenced by historical resales within the building showing minimal appreciation over extended holds. This costs the buyer in opportunity cost against broader market movements. The opportunity lies in securing a quality, tenanted property with stable rental demand, but it must be purchased at a correct entry price to offset low growth. Acquire for long-term hold as a lifestyle or income property, not short-term gain. A Propcred report would pressure-test its real market valuation against these precise resale patterns and detail locality-specific risks for a complete due diligence picture. Recent sales in the same building demonstrate a clear value plateau for two-bedroom units, critical for pricing your offer. – 112/9 Foundation Blvd (2/2/1): Sold $622,000 after 6 years. – 410/9 Foundation Blvd (2/2/1): Sold $640,000 after 6 years. These resales, showing near-zero annual growth, establish a firm price ceiling and inform a disciplined bidding strategy to avoid overpaying.