9/76-78 Edward Street, Brunswick VIC 3056
9/76-78 Edward Street, Brunswick VIC 3056
1-bed apartment with parking and storage | Princes Hill school zone | solar upgrades and communal garden | entry-level price point in a high-demand suburb
This apartment is competitively positioned within Brunswick’s entry-level market, offering a combination of features that are increasingly rare for a one-bedroom unit. The inclusion of a dedicated car space, exclusive-use storage, and a communal garden adds practical value, while the solar-powered hot water system and air conditioning reduce ongoing costs. Its location within the Princes Hill school zone is a significant demand driver, particularly for investors and first-home buyers seeking long-term capital growth. The property serves best a professional couple or investor prioritising yield and lifestyle access, as the walkability to Sydney Road, Jewell Station, and Princes Park supports strong rental demand and owner-occupier appeal.
The value of this property may be influenced by the lack of verified floor level and aspect, which could affect light, noise, and privacy—key considerations for apartment living. The building age is unconfirmed, so the condition of common areas and structural elements might require scrutiny, though the recent solar upgrade signals proactive management. The rental yield could vary materially depending on tenant demand and the specific unit’s orientation, so a buyer should weigh the trade-off between the premium for parking and storage versus the potential for lower returns if the apartment faces a main road. These factors do not detract from the property’s fundamental strength but should inform a price offer.
Detailed Independent Property Report prepared by PropCred Analyst team for 9/76-78 Edward Street, Brunswick VIC 3056
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Brunswick presents a stable, well-connected urban market where demand is bifurcated. Young professionals and investors drive strong interest in units, attracted by solid rental yields and proximity to the CBD, while families compete for a limited supply of houses, supporting steady sales volumes. Recent price trends show houses in a period of stability, whereas the unit segment has demonstrated more dynamic movement. Future growth remains anchored to its transport links and enduring rental appeal, though high entry prices for houses present a persistent affordability constraint.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
1260m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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