505A/609 Victoria Street, Abbotsford VIC 3067

Large private terrace | 2-bed 2-bath layout | Resort-style building | Flood overlay flagged This apartment’s competitive edge is its oversized private terrace, a rare find in inner-city Abbotsford, which effectively extends the living space beyond the 74 sqm internal footprint. The two-bedroom two-bathroom configuration with secure parking suits both owner-occupiers seeking low-maintenance lifestyle and investors targeting professional tenants who value amenity. Access to the Green Square development’s gym, pool and gardens further strengthens its appeal in a tightly held suburb with strong proximity to the CBD, Yarra trails and tram access. The flood overlay identified for the address is the primary risk, potentially increasing insurance premiums and narrowing lender appetite, which may affect resale liquidity. Buyers should verify the exact overlay classification and any building-level mitigation measures before committing. Strata fees and sinking fund health also warrant close review given the resort-style facilities. For an owner-occupier this unit offers genuine lifestyle upside; for an investor it demands a yield test against the higher holding costs. Hold it as a long term inner-city base or a stable rental performer, but do not expect rapid capital growth in this apartment segment.