610/240-250 LYGON STREET, Brunswick East VIC 3057
610/240-250 LYGON STREET, Brunswick East VIC 3057
2 bed apartment with secure parking| Lygon St position| Recent building sales strong| School proximity boosts appeal. This two-bedroom apartment with two bathrooms and one parking space suits professional couples or small households seeking low-maintenance urban living near key schools. Positioned on a bustling Lygon Street block it captures the steady foot traffic and connectivity that define this strip without the noise overload of ground level units. The dual bathrooms enhance daily practicality for sharers while the parking allocation stands out in a suburb where off-street spaces command a premium. Similar two-bedroom units in the complex have transacted briskly with one nearby selling in 2024 reflecting solid demand from renters and first-home buyers alike. Its upper-floor location in a mid-rise development likely offers balanced light and outlook over the active street below contributing to comfortable liveability year-round. Buyers drawn here typically prioritise walkability to Brunswick’s education hubs like Brunswick South Primary just 0.9km away over larger floorplans. In a market where two-bed apartments hold value through consistent rental yields this one benefits from the building’s recency and street’s enduring commercial vibrancy. Long-term its position ensures resilience against broader fluctuations as Lygon ‘s evolution sustains investor interest. Overall the setup positions it for steady appreciation among comparables.
Detailed Independent Property Report prepared by PropCred Analyst team for 610/240-250 LYGON STREET, Brunswick East VIC 3057
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✓
Income Risk
!
1
Execution Risk
!
1
Insight: Brunswick East VIC 3057
Brunswick East is one of MelbourneÂ’s most dynamic inner-north suburbs driven by strong gentrification and lifestyle demand. Housing prices typically exceed $1.2M due to proximity to the CBD and vibrant retail precincts. Demand is dominated by professionals and investors. Limited land supply continues to support price growth.
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst