8/36 Rosella Street, Murrumbeena VIC 3163
8/36 Rosella Street, Murrumbeena VIC 3163
Ground-floor unit | single bedroom | strong rental yield | prime Murrumbeena location | zoned for South Oakleigh College
This ground-floor unit presents a competitively priced entry into the Murrumbeena market, underscored by a calculated gross rental yield of approximately 6.4%. Its position is operationally efficient for an investor, offering a low-maintenance footprint with dual car parking and a separate kitchen layout that appeals to long-term tenants. The property strategically serves first-home buyers seeking affordability within a high-clearance-rate suburb and portfolio investors targeting a reliable income stream from a location with strong amenity access.
The primary risk is the compressed living space at 46mΒ², which narrows its future owner-occupier resale pool and creates sensitivity to shifts in single-person household demand. You mitigate this through the high yield, which provides cash flow resilience. Acquire this for a hold strategy of five to seven years, leveraging its income to service debt while banking on land value appreciation within the shared 1100mΒ² parcel. Its ground-floor aspect and lack of overlays simplify this as a passive investment.
Murrumbeena’s auction clearance rate of 92% signals intense buyer demand, fundamentally supporting values. The suburb’s median sold price of approximately $326,650 contextualizes this unit’s asking price as a premium for its turn-key condition and income potential, rather than its size.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Murrumbeena is a well-established, family-oriented suburb offering strong transport links and urban renewal. Demand is primarily driven by young families and owner-occupiers, attracted by its character and connectivity. The housing market has demonstrated relative stability, while the unit sector has faced recent headwinds. Future growth is underpinned by ongoing infrastructure improvements, though affordability and supply dynamics in the unit market present key considerations.