6/31 Prince Edward Avenue, Mckinnon VIC 3204

2 bed 2 bath apartment | McKinnon walkability | building with owner-occupier tenure | competitive price point for entry into tight suburb This apartment presents a rare buying opportunity in McKinnon, a suburb with constrained supply and strong family demand. The two-bedroom, two-bathroom configuration with one car space suits owner-occupiers seeking a low-maintenance foothold in a premium school zone, while the building’s average owner-occupier tenure of over six years signals stable, quality living conditions. The asking range undercuts recent building sales, which suggests either a smaller floor plan or a vendor motivated for a faster exit, giving a buyer negotiating leverage in a market where comparable units are scarce. The primary risk is the property’s positioning within the building—inferior aspect or level could cap future growth relative to higher-selling units. However, the lack of recorded vacancies and strong building sales history reduce downside. For an investor, the price point supports a reasonable yield in a rental-tight area; for an owner-occupier, it offers a direct path into a sought-after suburb without the premium of a standalone house. Hold this property for medium-term capital growth driven by McKinnon’s enduring desirability.