423/92-96 Albert Street, Brunswick East VIC 3057
423/92-96 Albert Street, Brunswick East VIC 3057
This is a 2-bedroom, 2-bathroom apartment on a shared 3,919 m² landholding, with a 60 m² floor area, one secure car space, and a private balcony. It includes built-in robes, a dishwasher, ducted heating, floorboards, an intercom entrance, a euro laundry, and a fully fenced garage. The property is zoned for Brunswick East Primary School and Northcote High School.
What is competitively strong about this apartment is its unusually high rental yield, which positions it as a standout for investors seeking strong cash flow in an inner-city market. The inclusion of ducted heating, floorboards, and a dishwasher lifts it above typical older stock in Brunswick East, giving it a modern finish that appeals to young professionals and couples. Its location within a vibrant, walkable suburb with excellent transport and amenity access reinforces demand, making it a rare find for a buyer prioritizing immediate rental returns over capital growth.
Factors that may materially affect value include the ambiguity around the exact unit number, which could complicate a future sale if it does not match official records. The estimated value is notably below comparable apartments in the suburb, which may reflect a smaller size, older construction, or a less premium position within the complex. The reported rental yield is exceptionally high for the area, so a buyer should verify that the rental income is sustainable and not a short-term anomaly. The 60 m² floor area is compact, which may limit appeal for families or those seeking more space.
Detailed Independent Property Report prepared by PropCred Analyst team for 423/92-96 Albert Street, Brunswick East VIC 3057
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Brunswick East presents a compelling, high-density urban market dominated by units, attracting a professional demographic. Demand is currently stronger for the more affordable unit segment, evidenced by faster sales. Recent price growth has been modest, though significant local infrastructure investment, including a major mixed-use redevelopment, is poised to enhance future appeal and underpin capital growth.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
3919m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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