9/831 Park Street Brunswick VIC 3056

Studio apartment | Brunswick address | FTTP connectivity | strong rental demand | no parking This property offers a rare entry point into Brunswick for a buyer seeking low-maintenance urban living at a sub-$250,000 price point. The open-plan studio configuration, while unconventional, suits a single professional or investor targeting the strong 20-39 age demographic that dominates the area. The 65% owner-occupier ratio in the building signals stable community tenure, reducing the risk of transient tenancy issues. Reliable FTTP and 5G connectivity add genuine utility for remote workers, and the absence of heritage or flood overlays simplifies any future renovation or sale. The primary risk is the lack of parking, which narrows the buyer pool to car-free households and may suppress long-term capital growth relative to similar units with a space. The 1250m² land holding is held across 14 units, so no individual redevelopment opportunity exists. However, the $335 per week rental estimate implies a gross yield near 7.6%, which is competitive for inner Melbourne. This property should be held as a long-term rental or owner-occupied base; its value lies in cash flow and location, not land banking.