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6 Napier Cres
Artist impression
Laneway artistic impression — the townhouses in this release front the laneway

6 Napier Cres

3 units ·
  • 3-bed × 3 · from $1.50m
Entry price
$1.50m
from / to
Gross yield
4.17%
operator-set rent estimate
Suburb unit median
$543k
VGV 2024
Entry vs median
—
sizes not comparable

Off the plan · Completes Q4 2028

Price list

3 units
Beds
Status
Price–
Unit 3$1,500,000
3 bed · 4 bathLevel THType Type C · 144 m²Double garage4.17% gross yield
Unit 5$1,500,000
3 bed · 4 bathLevel THType Type C · 145 m²Double garage4.17% gross yield
Unit 6$1,500,000
3 bed · 4 bathLevel THType Type D · 142 m²Double garage4.17% gross yield

Suburb intelligence

Essendon unit median $599k

Quarter

▲ 10.9%

Year

▲ 4.5%

Gross yield4.7%
Median rent$520/wk
Clearance73%Metro 69%
Days on market40Metro 42
By bedroom1bd $342k · $430/wk2bd $585k · $540/wk3bd $915k · $700/wk

REIV, Inner Melbourne · Mar-26 quarter

$10,345 – $10,563/m²

size-normalised across the bedroom mix

+$239k over 10 yrs

new build vs established, after tax · run the numbers ↗

VGV Essendon unit median · new-build calc: VIC · 37% bracket · 20% deposit · 6.5% interest · 4.2% yield · 7% growth · 10-yr hold.

Who lives here

Population

21,240

Median age

39

VIC: 38

Household income

$2,132

+21% vs VIC

Labour force

69.0%

VIC: 62.4%

Age profile: the 25-34 cluster

EssendonVictoria
0-14
15%
15-24
13%
25-34
16%
35-44
14%
45-54
14%
55-64
12%
65-74
9%
75+
7%

Project documents