709/3 Olive York Way, Brunswick West VIC 3055
709/3 Olive York Way, Brunswick West VIC 3055
2-bed, 1-bath, 1-car apartment on level 7 of a 130-unit complex built around 2020. Timber floors, stone benches, stainless appliances, split-system heating/cooling, and a balcony. Resort amenities include gym, spa, dining room, and landscaped gardens. Located 7km from the CBD with tram and train access.
This apartment sits in a suburb where most stock is older villas and low-rise units, so a modern high-rise with resort facilities is genuinely uncommon here. The 7th-floor position captures natural light well, and the complex’s amenities—gym, spa, dining room—are rare for this price point in Brunswick West. It suits young professionals or couples who want inner-city convenience without the CBD price tag, and investors will note the rental yields around 5.5 to 6 percent are strong for a 2-bedroom unit. The property is well-positioned relative to transport and shopping, which supports ongoing demand.
The sale price may be influenced by the unit’s orientation and balcony aspect, as not all apartments in this complex receive equal light or privacy. The 7th floor is high enough to avoid street noise but may face some wind exposure. Buyers should weigh the strata fees for a 130-unit complex with resort amenities, as these can be higher than typical apartment buildings. The absence of a second bathroom might limit appeal for some owner-occupiers, though it remains standard for this configuration in the area.
Detailed Independent Property Report prepared by PropCred Analyst team for 709/3 Olive York Way, Brunswick West VIC 3055
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Brunswick West is an established inner-north suburb experiencing steady demographic and price growth, anchored by a young professional population. Demand is driven by families seeking larger homes and investors attracted by strong rental yields in the unit sector. Recent house price trends show stability with some variability, while the unit market demonstrates consistent growth. Future demand is supported by population increases and constrained housing supply, though market sensitivity and affordability present ongoing considerations.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
1.31 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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