60/12 Crefden Street, Maidstone VIC 3012
60/12 Crefden Street, Maidstone VIC 3012
2 bed 2 bath 1 car | modern inner-west apartment | strong investor and first-home appeal | secure parking and dual bathrooms
This unit sits in a well-established apartment complex in Maidstone, a suburb that has seen steady demand from buyers priced out of closer suburbs but still wanting proximity to the city. The two-bedroom two-bathroom configuration is a genuine edge over older stock, where a single bathroom is far more common. That second bathroom, combined with secure parking and a balcony or courtyard, makes this property particularly suited to first-home buyers who want low-maintenance living and investors targeting tenants who expect modern amenity. The building benefits from NBN fibre and 5G coverage, which supports both owner-occupier and rental appeal. School catchment access to Footscray North Primary and Maribyrnong Secondary College adds practical value for family buyers.
The property sits on a large shared lot with a flood overlay recorded, which may affect insurance costs or future development potential of the broader site. The building age is not confirmed, so the condition of common property and any upcoming special levies should be investigated. The floor level is also unspecified, which could influence natural light and outlook. These factors are not necessarily deal-breakers but they are worth weighing when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 60/12 Crefden Street, Maidstone VIC 3012
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Maidstone is positioned as an evolving inner-west suburb offering a blend of established homes and newer townhouses, with proximity to key retail and riverfront amenities. Demand is increasingly driven by young couples, first homebuyers, and investors, attracted by its developing café culture and diverse housing mix. Recent price trends indicate a stabilising market with some price sensitivity, where houses are taking longer to sell, reflecting a more cautious buyer sentiment. Future growth is underpinned by its ongoing renewal and location, though the extended selling periods present a key constraint, signalling a market requiring patience.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
1.51 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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