42 Barrett Street, Albert Park VIC 3206
42 Barrett Street, Albert Park VIC 3206
Ideally positioned in the heart of Albert Park, this well-appointed 2-bedroom, 1-bathroom unit presents immediate appeal. Offering a functional layout and ample outdoor space, the property is perfectly suited for busy professionals, downsizers, or investors seeking a high-yield asset. The property delivers a rare opportunity to secure a premium asset while remaining conveniently positioned near local community hubs.
Detailed Independent Property Report prepared by PropCred Analyst team for 42 Barrett Street, Albert Park VIC 3206
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
✓
Execution Risk
✕
2
Insight: Albert Park VIC 3206
The appeal of Albert Park largely comes down to its established cultural and dining precincts, which continues to draw significant attention. We are seeing a notable influx of Established families into the suburb, predominantly chasing wealth preservation. Market analysts note that apartment yields are tightening as vacancy rates sit around 1.1%.
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
-
Land
112m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst