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About this property
Positioned in the tightly held Keilor Road corridor, this well-presented two-bedroom apartment delivers an outstanding investment opportunity with immediate income and long-term growth potential. The property is complemented by a strong rental return - a compelling proposition in Melbourne's inner-north apartment market. The apartment features a functional open-plan living and dining area filled with natural light, alongside a modern kitchen with quality appliances and ample storage-key drivers of tenant satisfaction and retention. Two generously sized bedrooms with built-in robes are serviced by a sleek central bathroom. A secure car space adds further appeal for renters in this high-demand location. Investment Highlights: Rental return: $550 per week ($2,390 pcm) Approx. 5.4% gross yield High-demand rental location with strong occupancy history Low-maintenance asset ideal for portfolio scalability Excellent access to transport, retail, and lifestyle amenity A set-and-forget investment in a proven growth corridor strategically located within walking distance to the Keilor Road retail and dining precinct, public transport, and key lifestyle amenities, the property benefits from a broad tenant pool and consistent occupancy demand. Proximity to the CBD and major arterials further strengthens its investment credentials. Book an inspection today!
Property Details
- Property Type
- apartment
- Listing Type
- Sold
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 1
- Listed
- 1 month ago
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Neighbourhood
Living in Essendon North
This 2-bedroom apartment in Essendon North, VIC 3041 sits within reach of public transport, local shops and nearby schools.
Schools near Essendon North
- Essendon North Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Stop 51: Bradshaw Street (tram) — 88 m away
- The Masters Hand Barber Shop — 75 m away
- Green Corridor — 331 m away
- Unnamed — 428 m away
- Unnamed — 496 m away
Essendon North at a glance
Full suburb profile- Population
- 3,071
- Median age
- 38
- Household income
- $1,712/wk
- Median rent
- $360/wk
- Median mortgage
- $2,000/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Essendon North price trend
Median sold · Unit 2 bed
Compound growth -7.8% / yr over 4 yrs
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Full Essendon North marketThis listing
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