901/68 Wests Road, Maribyrnong VIC 3032

Sweeping city views | 84sqm internal with premium finish | negative growth building trend | high owner-occupier tenure share The unit’s internal size and balcony outlook are genuinely rare for the price bracket, giving it an edge over tighter high-rise stock in Footscray or Docklands. Stone surfaces, ducted heating and cooling, and secure parking make it a turnkey proposition for a professional couple or downsizer who values light and space over land. The building’s tenure skew toward longer-held units suggests stable occupancy and limited investor churn, which can support quieter common areas and fewer rental turnovers , a meaningful advantage for an owner-occupier. The building’s consistent negative annual growth across multiple comparable sales is the central risk: values have eroded 1.6 to 2.7 percent per year over 7 to 10 years, meaning this unit has not held value in real terms. Buying at $520k to $570k places you above the most recent comparable sale at $490k for a larger parking allocation, and well above the $505k estimate for a mirror unit. If the building’s depreciation continues, resale within five years could crystallise a loss. The opportunity lies in negotiating hard toward the lower end of the range and holding for at least seven years to outpace transaction costs. Treat this as a lifestyle buy with modest long-term capital expectations, not a growth play.